South Texas Gateway Pipeline
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South Texas Gateway Pipeline was a proposed oil pipeline in the United States.[1]
Location
The pipeline would have run from Wink, Texas, to Corpus Christi, Texas.
Project details
- Operator:
- Owner: Buckeye Partners LP[1]
- Parent company: IFM Investors[2]
- Capacity: 400,000 bpd[1]
- Length: 513 mi[1]
- Diameter: 24 in[1]
- Status: Cancelled[3]
- Start year: 2019[1]
Background
The proposed pipeline system would deliver crude oil and condensate from Wink and Midland, Texas to the existing Buckeye Texas Partners' refining and export facilities in Corpus Christi, Texas. The pipeline is currently expected to be 24 inches in diameter with a total capacity of up to 400,000 barrels per day. Buckeye currently plans to hold a binding open season for the South Texas Gateway pipeline during the third quarter of 2017, with the expectation that the pipeline will be in service in 2019.[1]
In May 2018, Buckeye announced that it was cancelling the pipeline and would instead be investing in the South Texas Gateway Terminal.[3]
Articles and resources
References
- ↑ 1.0 1.1 1.2 1.3 1.4 1.5 1.6 South Texas Gateway Pipeline Nasdaq, accessed September 2017
- ↑ IFM Investors Assets IFM Investors, accessed 06 April 2023.
- ↑ 3.0 3.1 Buckeye cancels open season for South Texas Gateway pipeline, Seeking Alpha, May 4, 2018