Magellan and Plains to Expand Capacity of BridgeTex Pipeline, Launches Supplemental Open Season
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Magellan Midstream Partners (Magellan) and Plains All American Pipeline (Plains) has announced that BridgeTex Pipeline Company (BridgeTex), owned 50/50 by Magellan and Plains, plans to further expand the capacity of the BridgeTex pipeline and has launched a supplemental open season to assess customer interest for the expanded capacity.
It and has launched a supplemental open season to assess customer interest for the expanded capacity.
All potential customers must submit binding commitments by 5:00 p.m. Central Time on Dec. 30, 2017.
The BridgeTex pipeline was recently expanded from 300,000 barrels per day (“bpd”) to a capacity of 400,000 bpd to deliver Permian Basin crude oil from Midland and Colorado City, Texas to the Houston Gulf Coast area. BridgeTex is expanding the pipeline system again, for a new capacity of approximately 440,000 bpd. The additional 40,000 bpd of capacity is expected to be operational in early 2019.
Source: Energy Business Review
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To stop by Plains’ website, CLICK HERE
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