ConocoPhillips subsidiary Seagas Pipeline Co. has increased its stake to 100% in the 85,000 b/d Seaway products pipeline between Pasadena, Tex., and Cushing, Okla.
By OGJ editors HOUSTON, Dec. 5 -- ConocoPhillips subsidiary Seagas Pipeline Co. has increased its stake to 100% in the 85,000 b/d Seaway products pipeline between Pasadena, Tex., and Cushing, Okla.
Seagas acquired a 50% interest in the pipeline from BP Amoco Seaway Products Pipeline Co. Terms of the transaction were not disclosed.
ConocoPhillips Pipe Line Co. will operate the pipeline, which will remain a common carrier system.
