TransCanada launches open season for oil shipments to US Gulf

Christopher E. Smith
OGJ Pipeline Editor

HOUSTON, Sept. 8 -- TransCanada Corp. launched a binding open season to obtain firm commitments from interested parties for its Cushing Marketlink Project, providing crude oil transportation from Cushing, Okla., to the US Gulf Coast.

The project would involve construction of $70 million of facilities at Cushing and use facilities making up part of TransCanada’s proposed Keystone XL to deliver crude to near existing terminals in Nederland, Tex.

Following completion of the open season, which expires Nov. 10, TransCanada intends to proceed with the necessary regulatory applications for approvals to construct and operate the required facilities and provide transportation services, placing Cushing Marketlink in service first-quarter 2013.

In August TransCanada withdrew its request to the US Pipeline and Hazardous Materials Safety Administration for a special permit that would have allowed Keystone XL to operate at a slightly higher pressure than allowed under US regulations for oil pipelines (OGJ Online, Aug. 6, 2010).

Pending receipt of necessary permits, TransCanada expects to begin construction on Keystone XL in 2011.

When completed, Keystone XL will increase commercial capacity of the Keystone Pipeline System to 1.1 million b/d from 590,000 b/d.

Contact Christopher E. Smith at chriss@ogjonline.com.

Related Articles

DOE approves LNG exports to non-FTA countries from Oregon project

03/24/2014 The US Department of Energy conditionally approved Jordan Cove Energy Project LP’s application to export LNG through its proposed terminal on Orego...

INGAA Foundation forecasts oil, gas infrastructure outlays to 2035

03/24/2014 An estimated $640.9 billion, or an average $29.1 billion/year, will need to be spent on US and Canadian midstream crude oil, natural gas, and natur...

Export short-sightedness

03/24/2014 Opposition by specific refiners to US exports of crude oil should surprise no one. The export ban suppresses the price of domestically produced lig...

HSC remains closed, fuel cleanup continues after barge collision

03/24/2014 The Houston Ship Channel (HSC) remained closed to unauthorized vessels Mar. 24 as the result of a temporary emergency safety zone being established...

Careers at TOTAL

Careers at TOTAL - Videos

More than 600 job openings are now online, watch videos and learn more!

 

Click Here to Watch

Other Oil & Gas Industry Jobs

Search More Job Listings >>
Stay Connected