December 2014, Vol. 69, No. 12
Newsline
Spectra Energy Proposes Crude Oil Pipeline From Rockies To Midwest
Spectra Energy and Spectra Energy Partners announced in October a proposed expansion of their oil pipeline network, with service from Guernsey, WY, to Patoka, IL.
This announcement is in response to strong market demand to move light, sweet, U.S. domestic crude from multiple supply areas, including the Bakken, the Denver-Julesburg Basin and the Powder River Basin, to Patoka, where shippers will be able to access Midwest and Gulf Coast markets. The expansion may enable future access to Eastern U.S. refiners as Spectra Energy continues to explore opportunities to serve those markets as well.
The expansion, which will be in service in 2017 with an initial capacity of approximately 400,000 barrels per day, will provide unprecedented access for shippers to reach markets in eastern PADD 2 and the flexibility to meet light crude refinery demand on the Gulf Coast.
Spectra Energy will hold a binding Open Season in the first quarter of 2015.
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