Plains All American Pipeline, L.P. PAA
today announced four projects that are part of its plan to significantly
increase and expand its Permian Basin pipeline infrastructure over the
next few years to keep pace with rising production volumes. These four
projects, as well as several other projects currently under review, will
result in aggregate investments of approximately $400 million to $500
million. The four projects are expected to be completed in stages
throughout 2014 and early 2015 and include the construction of three new
large diameter (“trunk line”) pipelines that will increase the
Partnership's takeaway capacity in support of crude oil production
growth in the Delaware and South Midland Basins and will support
gathering systems the Partnership is constructing in the Avalon, Bone
See full press release
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