Plains Pipeline, L.P. Announces Open Season for Proposed Baker-to-Billings Crude Oil Pipeline

abarrelfullabarrelfull wrote on 16 Mar 2012 07:04
Tags: pipeline plains-all-american usa

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Plains Pipeline, L.P. ("Plains"), a subsidiary of Plains All American Pipeline, L.P. (NYSE: PAA), announced today that it is conducting an open season for committed capacity on a proposed new crude oil pipeline from Baker, Montana to Billings, Montana. The open season process provides an opportunity for potential shippers to offer long-term volume commitments for service from Baker, Montana to Billings, Montana or from Baker, Montana to Casper, Wyoming in exchange for a discounted rate.

The proposed pipeline would originate at Plains' Baker, Montana station and provide an initial capacity of at least 50,000 barrels per day of light sweet crude oil to Billings, Montana. From the Billings station, shippers will have the option to transport volumes on Plains' jointly owned Beartooth/Bighorn system, which provides service to Casper and Guernsey/Ft. Laramie, Wyoming. Further, shippers will have the option to transport volumes from Casper to the Salt Lake City market via Plains' jointly owned Frontier and Wahsatch pipelines.

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