Seaway Crude Pipeline Company plans to hold an open season to gauge shipper support for an expansion of crude oil capacity on its existing system originating in Cushing, Okla., and extending to the Texas Gulf Coast area.
The expansion could provide an incremental 200,000 bpd of light crude capacity and include further quality enhancements in the segregation of heavy and light crude shipments.
Seaway offers access to a fully integrated midstream network of pipelines, storage facilities, and export terminals along the Gulf Coast and provides connectivity to refineries in the Houston, Freeport, Texas City and Beaumont/Port Arthur areas.
Initial expansion capacity could be available by mid-2020, with the expansion fully in-service in 2022. The final capacity for committed and uncommitted service would be determined during the open season.
Seaway is targeting $1.25 per barrel for light crude oil pipeline transportation from Cushing to the Gulf Coast.