Liquid Pipeline Deliveries Rise 43%, Incidents Drop
The American Petroleum Institute (API) and the Association of Oil Pipe Lines (AOPL) have released the 2018 Annual Liquids Pipeline Report showing that barrels of crude oil delivered by pipeline increased 43 percent from 2012 – 2016 while pipeline incidents surrounding the public or the environment declined 19 percent over the last five years.
Other key findings from the report include:
- Incidents caused by integrity management failures declined 3 percent over the last five years
- Incidents caused by operations or maintenance failures declined 24 percent over the last five years
“Pipelines are critical to safely delivering the energy that Americans demand every day from the gasoline that fuels our economy to the life-saving medical devices made from liquid petroleum products,” said API Pipeline Manager David Murk. “Today’s report furthers the pipeline industry’s top priority of safety – especially in operator commitment to implementing pipeline safety management systems. As the demand for liquid energy grows, our industry will continue its efforts to promote safety in all of its operations to further protect our employees, communities and the environment.”
API and AOPL's Annual Liquids Pipeline Report analyzes key performance indicators identified by industry organizations such as the Pipeline and Hazardous Materials Safety Administration and the Pipeline Safety Trust.
Related News
Related News
- Trump Aims to Revive 1,200-Mile Keystone XL Pipeline Despite Major Challenges
- Valero Considers All Options, Including Sale, for California Refineries Amid Regulatory Pressure
- ConocoPhillips Eyes Sale of $1 Billion Permian Assets Amid Marathon Acquisition
- ONEOK Agrees to Sell Interstate Gas Pipelines to DT Midstream for $1.2 Billion
- Energy Transfer Reaches FID on $2.7 Billion, 2.2 Bcf/d Permian Pipeline
- U.S. LNG Export Growth Faces Uncertainty as Trump’s Tariff Proposal Looms, Analysts Say
- Tullow Oil on Track to Deliver $600 Million Free Cash Flow Over Next 2 Years
- Energy Transfer Reaches FID on $2.7 Billion, 2.2 Bcf/d Permian Pipeline
- GOP Lawmakers Slam New York for Blocking $500 Million Pipeline Project
- Texas Oil Company Challenges $250 Million Insurance Collateral Demand for Pipeline, Offshore Operations
Comments