Difference between revisions of "Gray Oak Crude Oil Pipeline"

From A Barrel Full
Jump to navigation Jump to search
(Created page with "The Partnership is constructing the 900,000 barrels per day (BPD) Gray Oak Pipeline, which is anticipated to be in service by the end of 2019. The pipeline will provide crude...")
 
(2 intermediate revisions by the same user not shown)
Line 1: Line 1:
The Partnership is constructing the 900,000 barrels per day (BPD) Gray Oak Pipeline, which is anticipated to be in service by the end of 2019. The pipeline will provide crude oil transportation from the Permian and Eagle Ford to Texas Gulf Coast destinations that include Corpus Christi, the Sweeny area, including the Phillips 66 Sweeny Refinery, as well as access to the Houston market. Phillips 66 Partners has a 42.25% ownership in the pipeline. The Gray Oak Pipeline joint venture has secured $1.3 billion of project financing.
+
=== Summary Information ===
  
The Gray Oak Pipeline will connect to multiple terminals in Corpus Christi, including the South Texas Gateway Terminal currently being constructed by Buckeye Partners, L.P. The marine export terminal will have two deepwater docks, with initial storage capacity of approximately 7 million barrels and up to 800,000 BPD of throughput capacity. Phillips 66 Partners owns a 25% interest in the terminal, which is expected to start up by mid-2020.
+
* Source: Permian and Eagle Ford
 +
* Destination: Texas Gulf Coast
 +
* Ownership: Enbridge, Phillips 66
 +
* Website: https://www.enbridge.com/
 +
* Length:  kilometres (850 miles)
 +
* Capacity: 900,000 barrels of oil per day
 +
* Crude Type:
  
https://www.businesswire.com/news/home/20190726005085/en/Phillips-66-Partners-Reports-Second-Quarter-2019-Earnings
+
=== Brief Description ===
 +
 
 +
* The pipeline has capacity of 900,000 barrels per day (BPD) and provides crude oil transportation from the Permian and Eagle Ford to Texas Gulf Coast destinations that include Corpus Christi, the Sweeny area, including the Phillips 66 [[Sweeny Refinery]], as well as access to the Houston market.
 +
* The Gray Oak Pipeline connects to multiple terminals in Corpus Christi, including the South Texas Gateway Terminal owned by Buckeye Partners. The marine export terminal has two deepwater docks, with initial storage capacity of approximately 7 million barrels and up to 800,000 BPD of throughput capacity.
 +
 
 +
=== Pipeline Status ===
 +
* In operation
 +
 
 +
=== History ===
 +
* 2019 - Pipeline enters operations
 +
* 2022 - Enbridge increased its share to 58.5%
 +
 
 +
=== Other Information ===
 +
 
 +
* -
 +
 
 +
=== Links ===
 +
# [[EIA Liquids Pipeline Projects 2015-2020]]
 +
# [https://www.businesswire.com/news/home/20190726005085/en/Phillips-66-Partners-Reports-Second-Quarter-2019-Earnings Phillips 66 Q2 2019 earnings]
 +
# [https://abarrelfull.blogspot.com/2023/10/enbridge-advances-its-us-gulf-coast-oil.html Enbridge Advances its U.S. Gulf Coast Oil Strategy through Increased Ownership in Gray Oak Pipeline]
 +
 
 +
[[category:Pipeline]]
 +
[[category:USA]]
 +
[[category:Enbridge]]

Revision as of 06:57, 4 October 2023

Summary Information

  • Source: Permian and Eagle Ford
  • Destination: Texas Gulf Coast
  • Ownership: Enbridge, Phillips 66
  • Website: https://www.enbridge.com/
  • Length: kilometres (850 miles)
  • Capacity: 900,000 barrels of oil per day
  • Crude Type:

Brief Description

  • The pipeline has capacity of 900,000 barrels per day (BPD) and provides crude oil transportation from the Permian and Eagle Ford to Texas Gulf Coast destinations that include Corpus Christi, the Sweeny area, including the Phillips 66 Sweeny Refinery, as well as access to the Houston market.
  • The Gray Oak Pipeline connects to multiple terminals in Corpus Christi, including the South Texas Gateway Terminal owned by Buckeye Partners. The marine export terminal has two deepwater docks, with initial storage capacity of approximately 7 million barrels and up to 800,000 BPD of throughput capacity.

Pipeline Status

  • In operation

History

  • 2019 - Pipeline enters operations
  • 2022 - Enbridge increased its share to 58.5%

Other Information

  • -

Links

  1. EIA Liquids Pipeline Projects 2015-2020
  2. Phillips 66 Q2 2019 earnings
  3. Enbridge Advances its U.S. Gulf Coast Oil Strategy through Increased Ownership in Gray Oak Pipeline