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05 Aug
01:00

ETP sets binding open season for Texas, New Mexico crude pipeline

US pipeline operator Energy Transfer Partners said its ETP Crude affiliate began a binding open season on Wednesday for the new Delaware Basin Crude Gathering Pipeline. This facility will flow 120,000 barrels per day (BPD) of crude oil. A binding open season, Kallanish notes, as opposed to an open season, means shippers sign a binding contract for how much pipeline capacity they want. The 130-mile line will run from receipt points in Reeves County, Te…
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