NuStar Energy begins Binding Open Season
NuStar Energy, a liquids terminal and pipeline operator, has initiated its Binding Open Season, providing shippers the opportunity to make volume commitments for transportation service on expanded capacity.
The Open Season started on June 12 and will extend until July 12. The effort will focus on committed refined product transportation on the expanded capacity of its Valley Pipeline System in South Texas.
The Valley Pipeline System, an approximately 196-mile refined products pipeline from the Corpus Christi, Texas area, has delivery points in the Texas cities of Brownsville, Edinburg, and Harlingen. The current Valley Pipeline System is capable of transporting approximately 45,000 barrels per day (BPD).
The expansion project will include building a 75-mile loop of the pipeline segment between Seeligson and Edinburg, Texas, in addition to improvements at pump stations along the line – increasing the capacity of the Valley Pipeline System by approximately 45,000 BPD.
NuStar Energy is one of the largest independent liquids terminal and pipeline operators in the nation, officials said, possessing approximately 9,800 miles of pipeline and 75 terminal and storage facilities storing and distributing crude oil, refined products, and specialty liquids.
The firm said significant customer commitments to utilize the expanded capacity enabled NuStar to proceed with the project.
