Image Credits Mike Benna /unsplash; visuals for illustration purposes
1 minute read

120,000 bpd Expansion for Gray Oak Texas Oil Pipeline by 2025-Enbridge

The company Enbridge plans to expand capacity on its Gray Oak oil pipeline by 80,000 barrels per day (bpd) this year and could add another 40,000 bpd in 2025, an executive told Reuters on Tuesday.

The company had originally planned to add 200,000 bpd to the Texas pipeline, but in February revised downward that target to between 100,000 bpd and 200,000 bpd.

The Gray Oak pipeline runs between the Permian basin in West Texas and Corpus Christi, Texas, on the Gulf Coast. Enbridge’s Ingleside Energy Center there is the largest crude oil storage and export terminal by volume in the U.S.

Enbridge said it is not concerned about potential competition at the Corpus Christi hub, where Enterprise Products Partners is trying to secure licensing for its Sea Port Oil Terminal (SPOT) export project.

“It’s certainly a competitor for Corpus. But given the advantages of our terminal at Corpus, we are confident Ingleside can compete well against SPOT,” said Colin Gruending, an executive vice president at Calgary-based Enbridge.

Legal Disclaimer:
PGJonline
GLOBAL FLOW CONTROL provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above. "

Latest News

  • LNG and Industrial Gases
    1 minute read

    Technip Energies awarded new contract at…

    19 Jun. 2024 | Global Flow Control
  • Hydrogen and Carbon Capture
    3 minutes read

    McDermott Selected by Abraxas Power for…

    19 Jun. 2024 | Global Flow Control
  • Mining and Metals
    2 minutes read

    Occidental Petroleum and Berkshire Hathaway Join…

    18 Jun. 2024 | Global Flow Control
  • Renewables
    2 minutes read

    USA invests $126 Million in Indonesian…

    18 Jun. 2024 | Global Flow Control