Plains All American Pipeline’s Cactus II Pipeline which will run from the Permian Basin to the Corpus Christi/Ingleside area will move ahead with construction after the company secured binding commitments during its open season.
Permitting, right-of-way and procurement activities are underway, and subject to receipt of necessary permits and regulatory approvals, the Cactus II Pipeline is targeted to be operational in the third quarter of 2019.
The pipeline includes a combination of existing pipelines and two new pipelines. The first new pipeline will extend from Wink South to McCamey, TX, and the second pipeline will extend from McCamey to the Corpus Christi/Ingleside area.
PAA has also received sufficient customer interest to conduct a second binding open season related to Cactus II Pipeline. Origin points will be Orla, Wink South, Midland, Crane and McCamey, TX.
This open season provides an opportunity for additional shippers to enter into transportation services agreements that provide for long-term crude oil transportation on Cactus II Pipeline. Based on market demand, this second open season will include additional committed tariff rate structures, but is otherwise consistent with the terms of the first open season.
For more information visit www.plainsallamerican.com
24th Jan 2018
