SOURCE: Industrial Info Resources

Industrial Info Resources

February 14, 2013 06:30 ET

Seaway Crude Oil Pipeline Temporarily Constrained, but Major Progress Continues With Pump Stations, an Industrial Info News Alert

SUGAR LAND, TX--(Marketwire - Feb 14, 2013) - Researched by Industrial Info Resources (Sugar Land, Texas) -- The Seaway crude oil pipeline, a joint-venture project between Enterprise Products Partners (NYSE:EPD) (Houston, Texas) and Enbridge Incorporated (NYSE:ENB) (Calgary, Canada), is a major endeavor to relieve the pipeline bottleneck at Cushing, Oklahoma. By the time the Seaway II pipeline, the 450,000-barrel-per-day (BBL/d) twin of the recently reversed 400,000-BBL/d Seaway I pipeline, is brought online, the system will provide up to 850,000 BBL/d of crude takeaway capacity, depending on the mix of heavy and light crude. In the interim, Enterprise is working on new pump stations for the Seaway II and a 400,000- to 500,000-BBL/d lateral from its Jones Creek terminal to Enterprise's ECHO terminal, which is currently being expanded near Houston.

Other companies featured: Phillips 66 (NYSE:PSX), TransCanada Corporation (NYSE:TRP)

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