Open Season Extended for Pipeline Construction Project
A subsidiary of Plains All American Pipeline, L.P. today announced that the open season for committed crude oil pipeline capacity from Midland, TX/Colorado City, TX to Cushing, OK that commenced on April 18, 2017 has been extended to 12 p.m. CT on June 9, 2017 to incorporate certain modifications requested by potential shippers.
Potential shippers who have signed a confidentiality agreement will be sent the final TSA by May 26, 2017. Every potential shipper wishing to become a committed shipper must execute and submit two copies of the final version of the TSA no later than 12 p.m. CT on June 9, 2017.
The Permian Basin to Cushing Pipeline will transport to Plains’ terminal in Cushing, OK. Subject to sufficient commitments from shippers and receipt of any necessary permits and regulatory approvals, the pipeline could be operational in mid-2019.
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