December 27, 2017 [Globe Newswire] - Buckeye Partners, L.P. (“Buckeye”) announced today that one of its operating subsidiaries, South Texas Gateway Pipeline LLC, has launched a binding open season to solicit commitments for the transportation of crude oil and condensate on its South Texas Gateway pipeline system to be constructed from the Permian Basin to the Gulf Coast of Texas (the “Project”).
The Project is expected to have a total capacity of up to 600,000 barrels per day with multiple quality segregations. Further, based on interest received, the Project is designed to offer customers the ability to deliver volumes from the Permian Basin and Gardendale, Texas to Corpus Christi, Ingleside, and Houston, Texas.
Customers electing to make long-term commitments will be eligible to receive firm service on the Project in an amount to be calculated pursuant to the terms and conditions described in the transportation services agreement (the “TSA”).
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