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Plains All American announces pipeline open season

Plains All American Pipeline. has announces open season for a proposed crude oil pipeline from Cushing, Oklahoma to Longview, Texas
Plains All American announces pipeline open season

Plains All American Pipeline has announced that it is conducting an open season for committed capacity on a proposed new crude oil pipeline from Cushing, Oklahoma to Longview, Texas. The open season process provides an opportunity for potential shippers to offer long-term volume commitments for service from Cushing to Longview in exchange for a discounted rate.

The proposed pipeline would originate at the Plains Cushing, Oklahoma Terminal and provide an initial capacity of approximately 120,000 b/d of light sweet crude to Longview, Texas.

The open season begins on 23 June 2015 and will end at 5 p.m. (central time) on 23 July 2015. By submitting a binding proposal, bidders are offering to enter into a long-term throughput and deficiency agreement for pipeline capacity.  

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