Plains All American Pipeline LP began an open season for a proposed new pipeline that would carry crude oil from Cushing, Okla., to Longview, Texas, the company said June 23. The open season began that day and is scheduled to end on July 23.
The pipeline would carry about 120,000 barrels per day (Mbbl/d) of light sweet crude from Plains’ Cushing terminal to Longview.
Bidders can enter long-term throughput and deficiency agreement for capacity by submitting a binding proposal.
Also, Plains and Delek Logistics Partners LP said an open season began June 23 for Caddo Pipeline LLC, a 50:50 joint venture between the companies.
The new pipeline will take about 80Mbbl/d of light sweet crude from the Longview terminal to refineries in Shreveport, La., and to Delek’s pipeline system that supports the El Dorado, Ark., refinery owned by Delek US Holdings.
The Caddo open season also ends July 23.
Plains All American Pipeline LP is an MLP based in Houston.
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