Binding supplemental open season for Bakken pipeline

Dakota Access, LLC and Energy Transfer Crude Oil Company, LLC (ETCO) has recently announced the launch of a binding supplemental open season (BSOS) to solicit shipper commitments for transportation service for Bakken/Three Forks production to reach multiple markets through their respective pipeline systems.

Dakota Access and ETCO anticipate that the incremental transport capacity for Bakken/Three Forks production will be determined on committed subscriptions made by shippers during the BSOS.

The BSOS includes local tariff service on the Dakota Access pipeline from the Bakken/Three Forks play to Patoka, Illinois. It also provides the opportunity for joint tariff service from the Bakken/Three Forks play to Nederland (Texas) through a commitment to both the Dakota Access and ETCO pipeline systems.

Through its subsidiaries, Bakken Holdings Company, LLC holds a 75% membership interest in both Dakota Access and ETCO, which are the entities responsible for developing, owning and operating the Bakken Pipeline. The remaining 25% is owned by subsidiaries of Phillips 66.

Adapted from press release by Anna Nicklin

Read the article online at: https://www.worldpipelines.com/project-news/19082016/binding-supplemental-open-season-for-bakken-pipeline/