Open Season Launched for Pipeline Construction Project
Savage Bakken Connector, Inc. has commenced a binding open season to solicit commitments for the Savage Bakken Connector Pipeline, which will connect Savage Services Corporation’s Bakken Petroleum Services Hub in Trenton, North Dakota, to the Dakota Access Pipeline.
The Savage Bakken Connector Pipeline will include approximately 2 miles of 10-inch interstate crude oil pipeline facilities. The pipeline will have an initial capacity of 60,000 barrels per day, and an anticipated in-service date of June 1, 2017. Savage is seeking commitments from interested parties capable of committing to ship at least 10,000 barrels per day, for a minimum contract term of 18 months. As a common carrier pipeline, as defined in the Interstate Commerce Act, the pipeline will be subject to the jurisdiction of the Federal Energy Regulatory Commission.
The open season will close at 5 p.m. MDT on May 19, 2017. For more information, visit www.savageservices.com/openseason.
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