Permian to Gulf Coast Pipeline
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Permian to Gulf Coast Pipeline was a proposed oil pipeline in Texas, United States.[1] As of 2019 it is considered cancelled.
Location
The pipeline would have run from Permian Basin, Texas to Houston, Texas, and to Nederland, TX.
Project details
- Owner: Energy Transfer Partners, Magellan Midstream Partners
- Parent company: Energy Transfer Partners, Magellan Midstream Partners
- Proposed capacity: 1 million bpd
- Length: 600 mi
- Status: Cancelled[2]
- Start year: 2019
Background
The pipeline has received sufficient commitments to proceed with construction, with completion expected in the second financial quarter of 2020. It will transport crude oil to both Energy Transfer’s Nederland, TX, terminal and Magellan’s East Houston terminal for delivery through their respective distribution systems[1]
In May 2019, Energy Transfer Partners announced that they will no longer pursue the Permian Gulf Coast (PGC) pipeline, but will instead consider participating in other projects to transport crude from the largest U.S. oil field. One of Energy Transfer’s partners in the PGC pipeline, Magellan Midstream Partners, said in March 2019 that it was not likely the project would go forward as planned.[2]
Articles and resources
References
- ↑ 1.0 1.1 Planned Pipelines, Pipeline News, accessed October 2018
- ↑ 2.0 2.1 Collin Eaton, Energy Transfer no longer pursuing Permian Gulf Coast pipeline: CFO, Reuters, May 9, 2019