Ace Pipeline
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Ace Pipeline was a proposed oil pipeline in Louisiana, USA.[1] As of February 2022, the project was listed as cancelled.[2]
Location
The pipeline would have run from St. James Parish, Louisiana, USA to St. Bernard Parish, Louisiana, USA.[3]
Project details
- Operator:
- Owner: Phillips 66 Partners; Harvest Midstream Co.; PBF Logistics LP[4]
- Parent company: Phillips 66; Harvest Midstream Co.; PBF Energy
- Capacity: 400,000 barrels per day[4]
- Length: 94 miles[1]
- Status: Cancelled[2]
- Start year: 2021
The pipeline was originally expected to become operational at the end of 2019[1], but it was delayed in 2020 and eventually cancelled.
Background
The pipeline would have run to the Phillips 66 Alliance Refinery and crossed the Mississippi River to serve refineries in St. Bernard Parish.[1]
The ACE Pipeline system was intended to provide crude oil transportation service from the market hub in St. James, Louisiana to downstream refining destinations in Belle Chasse, Meraux, and Chalmette, Louisiana. Phillips 66, Harvest Midstream Co., and PBF Logistics LP jointly launched an open season for transportation service. Harvest Midstream would have contributed its existing CAM pipeline to the system, which would have an initial throughput capacity of 400,000 bpd and would have included a newly-built segment to connect the St. James market center to the CAM pipeline. Additional expansion would have been based on shipper interest. The parties also considered the potential to add a delivery destination in Clovelly, Louisiana, subject to market demand. The pipeline system was expected to be placed into service in the second half of 2020 subject to customary and regulatory approvals.[5]
On March 24, 2020 Phillips 66 announced that it would delay a final investment decision (FID) on the pipeline due to the collapse of global oil prices and disruptions caused by the Covid-19 pandemic.[6][7] In June 2020 it was reported that completion of the pipeline would be delayed to 2021 as a result of delays caused by the pandemic.[8]
According to the Energy Information Administration (EIA), as of June 2021 the project considered to be on-hold.[2] As of January 2022, the project was noted as cancelled according to the EIA.[2]
Articles and resources
References
- ↑ 1.0 1.1 1.2 1.3 Planned Pipelines, Pipeline News, accessed Aug. 25, 2021.
- ↑ 2.0 2.1 2.2 2.3 U.S. liquids pipeline projects, Energy Information Administration, Jun. 7, 2021, accessed Aug. 25, 2021.
- ↑ National Energy And Petrochemical Map FracTracker, accessed Aug. 25, 2021.
- ↑ 4.0 4.1 "Phillips 66 Partners to develop Ace Pipeline System". Oil & Gas Journal. Retrieved 2022-02-18.
{{cite web}}
: CS1 maint: url-status (link) - ↑ Phillips 66, partners to develop ACE Pipeline system, Oil and Gas Journal, Jan. 14th, 2019, accessed Aug. 25, 2021.
- ↑ Phillips 66: Red Oak, Liberty, ACE Pipelines Deferred by Cost Cuts, PGJ Online, Mar. 25, 2020, accessed Aug. 25, 2021.
- ↑ Low Prices and Depressed Demand Impact Global Oil and Gas Pipeline Sector, Oilman Magazine, Apr. 30, 2020, accessed Aug. 25, 2021.
- ↑ US oil midstream sector enters hibernation as pandemic wreaks industry toll, S&P Global Platts, Jun. 25, 2020, accessed Aug. 25, 2021.