The first connection provides shippers access from the Harvest Ingleside Pipeline to Moda Midstream LLC’s Ingleside Energy Centre, and the second connection is a bi-direction connection to Taft Terminal.
US crude oil exports reached a record high in February 2020 and have since fallen in each month, based on data through June, according to the US EIA.
Net exports began declining in spring 2020 as a result of a global economic slowdown amid the spread of COVID-19.
The statement relates to a contract dispute and the related attempt by EQT Corporation and its financial advisor to market ETRN’s Hammerhead pipeline.
The company has received authorisation from the Pipeline and Hazardous Materials Safety Administration (PHMSA) and approval from the Michigan Circuit Court.
This transaction marks Black Bear’s second bolt-on acquisition, having acquired the Ozark system from Enbridge in April 2020.
The company has announced the closing of a transaction with Laurel Mountain Midstream LLC, a joint venture between Williams Laurel Mountain, LLC and Chevron Northeast Upstream LLC.
Generally, the amendments provide for the reduction of near-term volume commitments in exchange for extending the term of the agreements.