Energy Transfer Partners, Magellan Midstream Partners and Delek US Holdings have confirmed they have received sufficient commitments to build a new crude oil pipeline.
The 30-inch diameter common carrier pipeline will transport crude oil from the Permian Basin to the Texas Gulf Coast region and the diameter can be increased to expand the capacity based on additional commitments received during the upcoming open season.
The 600-mile pipeline system is expected to be operational in mid-2020 with multiple Texas origins, including Wink, Crane and Midland. The pipeline system will have the strategic capability to transport crude oil to both Energy Transfer's Nederland, Texas terminal and Magellan's East Houston, Texas terminal for ultimate delivery through their respective distribution systems.
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