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10 Feb
14:14

Medallion Pipeline launches binding open season

Texas, US-based Medallion Midstream’s Medallion Pipeline subsidiary on Tuesday began a binding open season for firm capacity on two pipeline additions to its existing 320-mile crude oil 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 Howard Lateral is a 45,000 barrel per day (BPD), bi-directional crude line which will extend from multiple o…
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