2nd ND pipeline summit planned in Bismarck
BISMARCK, N.D. (AP) — Gov. Jack Dalrymple is meeting with industry leaders later this month in Bismarck to push for more oil and gas pipelines in North Dakota.
The summit is slated for June 24 at Bismarck State College’s National Energy Center of Excellence.
Dalrymple hosted a similar event last year that was attended by more than 100 industry and government officials.
North Dakota is the nation’s No. 2 oil producer behind Texas. The state is producing about 1 million barrels a day but about 70 percent is being moved by rail, as producers increasingly have turned to trains to reach U.S. refineries where premium prices are fetched.
Dalrymple said more pipelines will reduce truck traffic, curb natural gas flaring and create more markets for the state’s oil and natural gas.
“Increasing North Dakota’s pipeline capacity, both gathering lines within North Dakota and larger, interstate pipelines, is critical to meeting the needs of an energy industry that continues to produce greater supplies of high-quality oil and natural gas,” Dalrymple said in a statement. “By bringing together pipeline companies and government officials at this summit, we continue to encourage the development of more pipelines to safely ship oil and natural gas to markets throughout the United States.”
The summit will include a summary of North Dakota’s progress in expanding its oil and natural gas pipeline systems, the governor said.