Kinder Morgan Energy Partners LP (KMP) announced an extension of the binding open season to solicit commitments for the proposed Palmetto project, the company announced Sept. 30. The project is designed to offer shippers a new refined products service to move gasoline, diesel and ethanol from Louisiana, Mississippi and South Carolina to receipt points in South Carolina, Georgia and Florida. The open season was originally scheduled to end on Sept. 30, but has been extended to Oct. 30 at 5 p.m. Central time.
“The project remains on track for an in-service date of July 2017, pending a successful extended open season and regulatory approvals,” said Ron McClain, president of products pipelines for KMP. “We expect that extending the open season will enable us to obtain sufficient commitments to proceed with the project.”
The $1 billion Palmetto project has a design capacity of 167,000 barrels per day and would consist of a segment of expansion capacity Palmetto expects to lease from Plantation Pipe Line Co. between Baton Rouge, La., and Belton, S.C. The project would also include construction of a new 360-mile pipeline from Belton to Jacksonville, Fla.
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