Energy Transfer Launches Binding Supplemental Open Season for Bayou Bridge Pipeline System
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Energy Transfer’s subsidiary, Bayou Bridge Pipeline, launched a binding supplemental open season to solicit additional shipper commitments for transportation service from Nederland, Texas to Lake Charles, Louisiana through the Bayou Bridge Pipeline System. Bayou Bridge anticipates that incremental capacity on the Bayou Bridge Pipeline System will be determined based on committed subscriptions made by shippers during the open season.
OPEN SEASON PROCESS
The open season commenced at 12:00 p.m. (Central Time) on February 28, 2020.
Bona fide potential shippers that desire to receive copies of the open season documents are required to execute a confidentiality agreement and may direct their requests for a confidentiality agreement to the following e-mail address: .(JavaScript must be enabled to view this email address)
About the Bayou Bridge Pipeline System
The Bayou Bridge Pipeline provides light and heavy crude oil service from multiple sources to Lake Charles, Louisiana and the St. James crude oil hub, which are both home to important refineries located in the Gulf Coast region. The 30-inch Nederland, Texas to Lake Charles, Louisiana segment went into service in April 2016, and the 24-inch Lake Charles, Louisiana to St. James, Louisiana segment was completed in March 2019. The Bayou Bridge pipeline offers producers, refiners, and marketers an efficient option to move crude oil from origins in the Nederland, Texas, area to the refining demand centers around Lake Charles, Louisiana and St. James, Louisiana. The pipeline, owned 60 percent by Energy Transfer and 40 percent by Phillips 66 Partners, is operated by Energy Transfer.
About Energy Transfer
Energy Transfer owns and operates one of the largest and most diversified portfolios of energy assets in the United States, with a strategic footprint in all of the major domestic production basins. ET is a publicly traded limited partnership with core operations that include complementary natural gas midstream, intrastate and interstate transportation and storage assets; crude oil, natural gas liquids (NGL) and refined product transportation and terminalling assets; NGL fractionation; and various acquisition and marketing assets. ET, through its ownership of Energy Transfer Operating, formerly known as Energy Transfer Partners, also owns Lake Charles LNG Company, as well as the general partner interests, the incentive distribution rights and 28.5 million common units of Sunoco LP, and the general partner interests and 39.7 million common units of USA Compression Partners, LP.
To stop by Energy Transfer’s website, CLICK HERE
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