Energy Transfer Partners, L.P. yesterday announced that Permian Express Partners LLC will commence a marketing process to solicit binding proposals for intrastate service from potential shippers for up to 50 000 bpd of volume commitments on Phase 1 of Permian Express 3. This capacity represents the remaining available capacity on the 140 000 bpd Phase 1 of Permian Express 3. Permian Express 3 delivers crude oil from the Permian Basin to the US Gulf Coast. This remaining capacity is expected to come online during 4Q18.
The solicitation process will commence on 29 May 2018 and will provide interested shippers with the opportunity to submit a proposal to secure a volume commitment on Permian Express 3. Bona fide potential shippers that desire to receive copies of the marketing materials are required to execute a confidentiality agreement and may direct their requests for a confidentiality agreement to the e-mail address on the ETP website.
Read the article online at: https://www.worldpipelines.com/business-news/30052018/energy-transfer-launches-process-for-additional-commitments-on-oil-pipeline/