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24 Feb
15:55

Medallion launches open season for oil pipeline expansion

Medallion Midstream subsidiary Medallion Pipeline, of Irving, Texas, on Wednesday initiated a binding open season for the expansion of Medallion’s existing 370-mile West Texas crude oil line system. 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 so-called Crane Extension is a 100,000 barrel-per-day (BPD), bi-directional crude oil line. It extends …
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