US Spectra holds open season for Express oil pipeline from Canada

05 June 2013 15:38  [Source: ICIS news]

HOUSTON (ICIS)--Spectra Energy is holding an open season to determine shipper interest on its Express oil pipeline system from western Canada to the US Midwest, the US pipeline and midstream company said on Wednesday.

Spectra’s 1,717-mile Express-Platte system begins in Hardisty, Alberta, and terminates in Wood River, Illinois. It is one of three major pipeline systems moving crude oil from western Canada to US Rockies and Midwest refineries.

The open season – from 5 June to 9 August – is for crude oil shipments to all points along the system, including a proposed interconnection to a rail terminal under development in Casper, Wyoming, Spectra said. Service could start as early as 1 October, it added.

"The Express system is well-positioned to provide for the increasing oil transportation needs in the region, and Spectra Energy is moving quickly to secure that growth opportunity," said Duane Rae, president of Spectra Energy Liquids.

Spectra Energy acquired the Express-Platte system in March 2013. It plans to include the assets in its master limited partnership, Spectra Energy Partners, it said.

By: Stefan Baumgarten
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