From San Antonio Business Journal:
Plains All American Pipeline LP (NYSE: PAA) announced plans to boost capacity along a 310-mile pipeline that moves crude oil from the Permian Basin to refineries and storage terminals in Three Rivers, the Port of Corpus Christi and Houston.
The Houston-based midstream company announced Wednesday morning that its Cactus Pipeline will soon be able to move 390,000 barrels of crude oil per day from the Permian Basin town of McCamey to the Eagle Ford town of Gardendale, which is located an hour and a half south of San Antonio in La Salle County.
Setting a target date in the third quarter of 2017, the expansion plans include enhancing manifold and metering capabilities at the 20-inch pipeline’s origination station in the Permian Basin.
The Cactus Pipeline was designed to move crude oil from the oil fields of West Texas to a joint venture pipeline in the Eagle Ford owned by Plains All American and Enterprise Products Partners LP (NYSE: EPD).
With the capability of moving up to 660,000 barrels of crude oil per day, the Eagle Ford JV Pipeline serves refineries and storage terminals in Three Rivers and the Port of Corpus Christi but also connects to the Enterprise South Texas Crude Oil Pipeline, which supplies refineries and storage terminals in the Houston-area.
Crude oil delivered on Cactus Pipeline can also be delivered to the Eagle Ford JV Barge Dock Facility and third party facilities in Corpus Christi and Ingleside.
Among the Cactus Pipeline’s customers is San Antonio-based refining company Valero Energy Corp. (NYSE: VLO), which owns refineries in Three Rivers, Corpus Christi, Houston, Port Arthur and Texas City.
