EPIC Crude announces third open season for crude oil pipeline in US
The pipeline runs parallel to the EPIC Y-Grade Pipeline that extends from Orla, Texas to the Port of Corpus Christi, Texas and includes terminals in Orla, Saragosa, Crane, Wink, Midland, Upton, Hobson and Gardendale, with connectivity to the Corpus Refining market, as well as numerous terminals in the Port of Corpus Christi for export access.
The company began interim crude operations in August this year, using the 24-inch Y-Grade Pipeline, which is able to ship up to 400,000 barrels per day of oil. Following completion of the planned 30-inch crude oil pipeline, which is slated for the first quarter of 2020, EPIC will have capacity to transport 600,000 barrels per day.
The crude oil pipeline services the Delaware, Midland and Eagle Ford Basins in the US. It is expected to have a maximum capacity to transport up to 900,000 barrels of oil per day.
The EPIC Crude Export Dock in Corpus Christi, Texas is due to be completed by the end of this year, and will be able to load Aframax tankers that carry up to 750,000 barrels of oil. The company is additionally constructing a second crude export dock to be finished by the third quarter of 2020, which will be able to load Suezmax tankers carrying up to 1,000,000 barrels.