Magellan extends Crane-to-Houston crude line open season

Magellan Midstream Partners LP extended by a week the binding open season to solicit commitments from shippers to transport crude oil from Crane, Tex., to the partnership’s East Houston terminal for further delivery to the Houston and Texas City-area refineries through Magellan’s distribution system. Binding commitments for the Crane-to-Houston crude oil pipeline are now due Mar. 1.

The partnership is reversing and converting its pipeline from Crane to Houston for crude oil service. Initial capacity will be 135,000 b/d, expandable to 225,000 b/d if warranted by committed capacity from the open season. Magellan expects the reversed pipeline to enter service early 2013, pending regulatory approvals.

Magellan is also considering building a new pipeline segment or using existing third-party infrastructure to move crude oil from Midland, Tex., to Crane for delivery to the Houston area and has been soliciting binding commitments to assess customer interest. The Midland-to-Houston open season also ends on Mar. 1.

The partnership initially held an open season on this project in summer 2010 (OGJ Online, Aug. 2, 2010) and on Sept 1, 2011, announced it was proceeding with the conversion and reversal of the Crane-to-Houston segment of system.

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