Seaway Announces Upcoming Open Season
Seaway Crude Pipeline Company (Seaway) has announced plans to hold an open season to gauge shipper support for an expansion of crude oil capacity on its existing system originating in Cushing, Oklahoma and extending to the Texas Gulf Coast area.
The expansion could provide an incremental 200,000 barrels per day of light crude capacity and include further quality enhancements in the segregation of heavy and light crude shipments.
The expansion would debottleneck and optimize the system principally through pump upgrades.
Initial expansion capacity could be available by mid-2020, with the expansion fully in-service in 2022.
The final capacity for committed and uncommitted service would be determined during the open season.
Further expansion remains possible depending on customer demand. Seaway is targeting $1.25 per barrel for light crude oil pipeline transportation from Cushing to the Gulf Coast.
Seaway offers access to a fully integrated midstream network of pipelines, storage facilities, and export terminals along the Gulf Coast and provides connectivity to every refinery in the Houston, Freeport, Texas City, and Beaumont/Port Arthur areas.
Dates and other details regarding the open season will be provided in a future announcement. In the meantime, interested shippers should direct their questions and requests for information to Shane Sullivan at (713) 381-6550 or spsullivan@eprod.com.
Seaway Crude Pipeline Company LLC is a 50/50 joint venture owned by affiliates of Enterprise Products Partners L.P. (NYSE: EPD) and Enbridge Inc. (NYSE/TSX: ENB).
In addition to the pipeline that transports crude oil from Cushing to the Gulf Coast, the Seaway system includes a terminal and distribution network originating in Texas City, Texas, which serves refineries locally and in the Houston area, and dock facilities at Freeport and Texas City.
For additional information, please visit www.seawaypipeline.com.
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