Market Overview

Seaway Announces Pipeline Expansion Nearing Completion

Related EPD
Jim Cramer Advises His Viewers On Autodesk, Burlington And More
Earnings Scheduled For August 3, 2017

Seaway Crude Oil Pipeline Company LLC announced today that final work is
being performed in preparation for the increase in capacity from
approximately 150,000 barrels per day (“BPD”) to approximately 400,000
BPD. In order to complete the remaining pump station connections,
transportation service has been suspended on the 500-mile, 30-inch
diameter pipeline and is expected to resume operations at full rates by
the end of next week.

Seaway Crude Pipeline Company LLC is a 50/50 joint venture owned by
affiliates of Enterprise Products Partners (NYSE: EPD) and Enbridge Inc.
(NYSE: ENB). In addition to the pipeline that transports crude oil
from Cushing to the Gulf Coast, the Seaway system is comprised of a
terminal and distribution

See full press release

Posted-In: News Guidance Contracts Global


Related Articles (ENB + EPD)

View Comments and Join the Discussion!