01 July 2013 21:19 [Source: ICIS news]
HOUSTON (ICIS)--Koch Pipeline has launched its first phase of a non-binding open season for its proposed Dakota Express Pipeline that would transport Bakken crude oil to two ?xml:namespace>
The planned pipeline would take 250,000 bbl/day of crude oil from the
The pipeline would begin service in 2016, the company said.
Koch also said it is “actively exploring” a connection at the Patoka terminal to the Eastern Gulf Crude Access Pipeline, which then could take the Bakken crude to eastern Gulf Coast refineries.
New and existing pipelines would be used in the planned project. About 600 miles of new line would be built, Koch said, while the company’s existing Wood River Pipeline and
The Wood River Pipeline has been used to transport crude northward from
The first phase of open season will close on 14 August. If sufficient interest is garnered, Koch could initiate the second phase, during which binding commitments would be sought.
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