US Koch launches open season for planned Bakken pipeline

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 Illinois cities and possibly to the Gulf Coast, the US midstream company said on Monday.

The planned pipeline would take 250,000 bbl/day of crude oil from the Williston Basin in western North Dakota to Hartford and Patoka in Illinois, Koch said in a news release.

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 Hartford terminal would also be utilised.

The Wood River Pipeline has been used to transport crude northward from Hartford to Saint Paul, Minnesota, but Koch is looking at reversing the line’s flow as part of the Dakota Express plan.

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.

By: Jeremy Pafford
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