Open Season Extended Again for Pipeline Construction Project
A subsidiary of Plains All American Pipeline, L.P. has extended the open season for committed crude oil pipeline capacity on the Permian Basin to Cushing Pipeline, which runs from Midland, TX/Colorado City, TX to Cushing, OK, that commenced on April 18, 2017 to 5 p.m. CT on June 9, 2017 to incorporate certain modifications requested by shippers.
Potential shippers who have signed a confidentiality agreement will be sent the final TSA by June 9, 2017. Each potential shipper that wishes to become a committed shipper must execute and submit two copies of the final version of the TSA by 5 p.m. CT on June 9, 2017.
The Permian Basin to Cushing Pipeline will deliver to Plains’ terminal in Cushing, OK. Subject to sufficient commitments from shippers and receipt of any necessary permits and regulatory approvals, it could be operational in mid-2019.
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