NuStar Energy has launched its binding open season of a capacity expansion for the Permian Crude System.
NuStar Energy is proposing to expand the capacity of its 20 inch (508 mm) Midland Trunkline – which runs from its Stanton Terminal to Midland Junction – by adding upgrades to the Stanton Terminal.
The expansion would offer an expanded capacity of approximately 60,000 bbl/d to the EPIC Pipeline at Midland Junction.
NuStar is offering up to 90 per cent of the expanded capacity to shippers who are making long-term ship-or-pay commitments with at least 10 per cent available for walk-up shippers.
The project is expected to be in service in the first quarter of 2020.
A shipper that executes a transportation services agreement during the open season will have the option to elect priority transportation rights on the expanded capacity.
Potential shippers must sign a confidentiality agreement before receiving the open season documents.
The open season commenced on 20 November 2019 and will extend until 20 December 2019.
For more information visit the NuStar Energy website.
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