Oil&Gas
Diamond Pipeline
2018-08-14 14:57  点击:1
VIP:1级

Project Profile


Value: US$900 million
Location: from the Plains Cushing, Oklaohoma terminal to the Valero Memphis Refinery, USA
Capacity: 200,000 barrels per day of domestic sweet crude
Length: 440 miles
Start-up Year: 2017

Plains All American Pipeline, L.P. will construct the Diamond Pipeline, a 440-mile, 20-inch crude oil pipeline that will provide capacity of up to 200,000 barrels per day of domestic sweet crude from the Plains Cushing, Okla. terminal to the Valero Memphis Refinery, and the ability to access Valero Energy Partner\'s Collierville pipeline. The total project investment is expected to be approximately US$900 million. The Diamond Pipeline project is underpinned by a long-term shipping agreement with Valero and a related contract for storage and terminalling services at the Plains Cushing Terminal. Construction of the pipeline will enhance the refinery\'s long-term ability to produce gasoline, diesel and jet fuel for the greater Memphis and eastern Arkansas area.

Operators:

Plains All American Pipeline, L.P.: Operator with 50% interest

Valero Energy: 50% interest

Contractors:

Welspun Tubular: to help build two-thirds of the pipe needed to build the Diamond Pipeline. (August, 2016)
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