Market Overview

Howard Energy Partners Announces Open Season for Its Maverick Channel Pipeline

Share:

Howard
Energy Partners, LLC
(HEP) announced today that its wholly-owned
subsidiary, Maverick Terminals Corpus, LLC (Maverick), is conducting a
binding open season for its 12-inch Maverick Channel Pipeline, which
will deliver refined petroleum products from refineries in the Corpus
Christi area to Maverick's bulk liquids terminal facility (the Terminal)
in the Port of Corpus Christi. The open season commenced today, July 30,
2018 at 4:00 p.m. CDT and will close on Thursday, August 30, 2018 at
5:00 p.m. CDT.

Expected to be in service by the end of the year, the Maverick Channel
Pipeline will have an initial capacity of 48,000 barrels per day and
will connect to NuStar Energy's Origin Station in Corpus Christi. The
Maverick Channel Pipeline will facilitate access to global markets by
providing transportation services of ultra-low sulfur diesel and
gasoline blend stock from local refineries to the Terminal. Refined
product arriving to the Terminal via the Maverick Channel Pipeline can
be stored in the Terminal's six tanks with an aggregate storage capacity
of 480,000 barrels.

Open Season Information

Interested shippers can receive open season documents upon execution of
a confidentiality agreement, which is available here.
For more information regarding the open season, contact Rod Pullen,
HEP's Vice President of Business Development and Asset Optimization, at
(210) 634-1757 or RPullen@howardep.com.
All binding commitments must be received by 5:00 p.m. CDT on August 30,
2018.

About Howard Energy Partners

San Antonio-based Howard Midstream Energy Partners, LLC, d.b.a. Howard
Energy Partners, is an independent midstream energy company, owning and
operating natural gas gathering and transportation pipelines, natural
gas processing plants, rail facilities, liquid storage terminals,
deep-water port facilities and the other related midstream assets in
Texas, Pennsylvania and Mexico. The company has corporate offices in San
Antonio, Houston and Mexico City. For more information on Howard Energy
Partners, please visit our website www.howardenergypartners.com.

View Comments and Join the Discussion!