Open Season Launched for Texas Pipeline System

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GEL Pipeline Texas, LLC, an affiliate of Genesis Energy, L.P., is holding a binding open season to solicit shipper interest in making commitments to a crude oil pipeline system originating at new receipt points at the Department of Energy Pipeline and Cameron Highway Offshore Pipeline System and will transport barrels to Webster Terminal, Marathon Petroleum Corporation’s Texas City refinery, or a Genesis affiliate’s brown water barge dock in Texas City.

The pipeline includes terminaling infrastructure capable of receiving, segregating and batching multiple Gulf of Mexico crude oil grades originating from the Hoover Offshore Oil Pipeline System and the Cameron Highway Offshore Pipeline System. The company is constructing approximately 4 miles of new pipeline connecting into its existing Texas pipeline system in Texas City to access the delivery points.

“Our Texas pipeline system will provide Gulf of Mexico shippers a northbound delivery option beyond the Texas City refining market,” said Genesis Vice President of Finance & Corporate Development, Ryan Sims. “Given our existing asset base in Texas and the Gulf of Mexico, Genesis was a logical fit to provide this service. We remain focused on providing maximum optionality for our offshore and refining customers through our pipeline portfolio.”

The open season was launched on February 21, 2017 at 9:00 a.m. CST and will conclude on March 8, 2017 at 5:00 p.m. CST.  For additional information, visit www.genesisenergy.com/texaspipelineopenseason.

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