Spectra Energy Corp and Spectra Energy Partners reached new long-term agreements for shipments on the Express crude oil pipeline between Hardisty, Alta., and Casper, Wyo. An open season on the line increased contracted commitments to 225,000 b/d from 119,000 b/d, with the average contract length growing to more than 11 years from 1.5 years.
Contracts stemming from the open season are effective as early as October and phase in over 2 years.
Express pipeline has a design capacity of 280,000 b/d and connects to the Platte pipeline system in Casper. A connection to Front Range Pipeline LLC will also supply CHS Inc.’s 55,000 b/d Laurel, Mont., refinery beginning fourth-quarter 2014 (OGJ Online, Feb. 14, 2013).
Spectra bought the Express-Platte Pipeline System from Kinder Morgan Energy Partners LP and its partners (Ontario Teachers’ Pension Plan Board and Borealis Infrastructure) earlier this year.
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