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

AddThis Social Bookmark Button

For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.

Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.

Printer Friendly

Get access to breaking chemical news as it happens.
ICIS Global Petrochemical Index (IPEX)
ICIS Global Petrochemical Index (IPEX). Download the free tabular data and a chart of the historical index