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Jupiter extends crude oil pipeline open season

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World Pipelines,


At the Brownsville terminus, the Jupiter Pipeline will connect to the Jupiter Brownsville Terminal, which will consist of up to 10 million bbls of storage, three docks in the Port of Brownsville and an offshore VLCC loading facility.

Jupiter Energy Group (Jupiter), a privately held midstream company that provides crude oil producers and gas plants with logistics and offtake solutions, has announced a 90 day extension of the open season that commenced on 30 November 2018 for binding shipper commitments on the Jupiter Pipeline, which is expected to be operational in the 4Q20. The open season will now conclude on 31 May 2019.

The Jupiter Pipeline will be a 650 mile, 36 in. diameter crude oil pipeline with origination points near Crane, Texas and Gardendale/Three Rivers, Texas, and an offtake point in Brownsville, Texas. As designed, it will be the only pipeline out of the Permian Basin that will access all three deepwater ports in Texas (Houston, Corpus Christi and Brownsville) and will have direct access to a fully capable VLCC loading facility off coast at Brownsville.

“We're very pleased with the results of the initial open season period for the Jupiter Pipeline. The supplemental period validates our belief that the interest for transportation commitments on the pipeline is as substantial as expected,” said Albert Johnson, President of Jupiter Pipeline LLC.

Read the article online at: https://www.worldpipelines.com/project-news/01032019/jupiter-extends-crude-oil-pipeline-open-season/

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US pipeline news Crude oil pipeline news