Shell extends open season for US oil pipeline reversal project

17 April 2012 15:42  [Source: ICIS news]

MEDELLIN, Colombia (ICIS)--Shell Pipeline has extended the Houma to Houston (Ho-Ho) reversal project open season by one week to now close on 27 April at noon, the company said on Tuesday.

Shell announced on 8 March the start of a binding open season period for firm capacity on the Ho-Ho pipeline system reversal project.

The Ho-Ho reversal could enable the distribution of approximately 300,000 bbl/day of crude across the US Gulf region depending upon crudes types shipped, Shell said.

Those crudes include the domestic crude oil production increases in Texas and the mid-continent including the Barnett, Eagle Ford and Bakken shale plays, as well as the growing crude supplies in the Cushing, Oklahoma area. 

The project would reverse the existing Ho-Ho service to connect the Houston and Port Arthur, in Texas markets with the Louisiana markets, according to the company. 

The reversal is expected to begin service in early 2013. 

($1 = €0.76)


By: Leela Landress
+1 713 525 2653



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