Dixie Pipeline to Expand Capacity
HOUSTON--(BUSINESS WIRE)--Jul 24, 2018--Dixie Pipeline Company LLC today announced that it plans to expand the westbound transportation capacity of its pipeline system to Mont Belvieu, Texas. The project, which would involve the addition of pumping horsepower and related infrastructure, will increase capacity from 58,000 barrels per day (“BPD”) to 90,000 BPD. The expansion is scheduled to come on-line in March 2019.
Dixie is undertaking this expansion in response to increased shipper demand for westbound transportation services to the Mont Belvieu market. The incremental capacity will be made available to all shippers under Dixie’s currently applicable tariffs.
Dixie Pipeline Company LLC, an affiliate of Enterprise Products Partners L.P., owns and operates a pipeline system spanning approximately 1,300 miles that extends from Mt. Belvieu, Texas to Apex, North Carolina. The pipeline, which also serves third-party terminals, storage facilities and delivery locations, is capable of transporting multiple products, but is primarily dedicated to propane transportation. The system also includes eight terminal locations with approximately 660,000 barrels of storage capacity.
This press release includes “forward-looking statements” as defined by the Securities and Exchange Commission. All statements, other than statements of historical fact, included herein that address activities, events, developments or transactions that Dixie Pipeline Company LLC expects, believes, or anticipates will or may occur in the future, including anticipated benefits and other aspects of such activities, events, developments or transactions, are forward-looking statements. These forward-looking statements are subject to risks and uncertainties that may cause actual results to differ materially, including required approvals by regulatory agencies, the possibility that the anticipated benefits from such activities, events, developments or transactions cannot be fully realized, the possibility that costs or difficulties related thereto will be greater than expected, the impact of competition and other risk factors included in the reports filed with the Securities and Exchange Commission by Enterprise Products Partners L.P. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of their dates. Except as required by law, Dixie Pipeline Company LLC does not intend to update or revise their forward-looking statements, whether as a result of new information, future events or otherwise.
View source version on businesswire.com:https://www.businesswire.com/news/home/20180724005813/en/
CONTACT: For Dixie Pipeline Company LLC
Randy Burkhalter, (713) 381-6812 or (866) 230-0745
Rick Rainey, (713) 381-3635
KEYWORD: UNITED STATES NORTH AMERICA TEXAS
INDUSTRY KEYWORD: ENERGY OIL/GAS OTHER ENERGY TRANSPORT OTHER TRANSPORT
SOURCE: Dixie Pipeline Company LLC
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PUB: 07/24/2018 04:15 PM/DISC: 07/24/2018 04:15 PM