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Global Partners Inks Bakken Connection Agreement

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Global Partners Inks Bakken Connection Agreement

Global Partners LP has executed a pipeline connection agreement with Tesoro Logistics whereby Tesoro Logistics' High Plains Pipeline System will build, own and operate a new seven-mile pipeline lateral from its Lignite, ND crude oil station to Global's 100,000 barrel crude oil storage tank at the Basin Transload facility in Columbus, ND.

Crude oil is expected to begin flowing to the new Columbus-bound branch in the third quarter of 2013, enhancing the movement of crude from the mid-continent to Global’s destination assets on the East Coast.

"Strategic expansion of our crude gathering system is a key component of the rail logistics strategy we are deploying across our assets in the mid-continent region," said Eric Slifka, President and Chief Executive Officer of Global Partners. "Our…

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