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Magellan Midstream Partners, L.P. and Occidental Petroleum Corporation have reported that BridgeTex Pipeline (access project here) has launched a supplemental open season for additional transportation commitments on the pipeline. Interested customers must submit binding commitments by 5:00 p.m. Central Time on August 7, 2014.
Construction of the BridgeTex Pipeline commenced in November 2012 following an initial successful open season in which BridgeTex secured long-term transportation commitments supporting the project. BridgeTex Pipeline is now in the final stages of construction and will be capable of transporting up to 300,000 barrels per day of Permian Basin crude oil from Colorado City, Texas to the Houston Gulf Coast area. Initial linefill requirements are being received, and BridgeTex Pipeline expects to begin pipeline movements by mid-third quarter to deliver crude oil to the Houston Gulf Coast area.
For customer inquiries about the open season, please contact Magellan's crude oil business development group at (918) 574-7022. More information about the open season is available atwww.magellanlp.com/tariffs.aspx.
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