Plains All American Pipeline, L.P. and Delek Logistics Partners LP have formed Caddo Pipeline LLC, a 50/50 joint venture to develop the Caddo Pipeline. The 80-mile, 12-inch pipeline will run between Longview, TX and Shreveport, LA.
The pipeline will originate at the Plains Atlas Terminal in Longview and will have the capacity to move up to 80,000 bpd of crude to refineries in the Shreveport area and Delek Logistics’ pipeline system supplying Delek US Holdings’ El Dorado, AR refinery. PAA will construct and operate the Caddo Pipeline. The total project investment is expected to be $100 million. The pipeline is backed by long-term shipper commitments and is expected to be completed in mid-2016.