Shell Pipeline Extends Open Season for the Houma-to-Houston Reversal Project Until April 27, 2012
HOUSTON, April 17, 2012 /PRNewswire/ -- Shell Pipeline announced on March 8, 2012 the start of a binding Open Season period for firm capacity on the Houma-to-Houston pipeline system reversal project ("Ho-Ho Reversal").
To accommodate requests by shippers for final management approval for commitments, Shell Pipeline has extended the Ho-Ho Reversal Project Open Season by one week. The Open Season will now close on Friday, April 27 at Noon CDT.
Shell Pipeline's Ho-Ho Reversal project will provide pipeline access to additional crudes across the 300 miles of the US Gulf of Mexico refining complex. Those crudes include the domestic crude oil production increases in Texas and the mid-continent including the Barnett, Eagle Ford, and Bakken shale plays, as well as the growing crude supplies in the Cushing, OK area. Additionally, the Ho-Ho Reversal project would complement the new pipeline infrastructure that is currently being built to the Houston area.
Shell Pipeline's project would reverse the existing Ho-Ho service to connect the Houston and Port Arthur, TX markets with the Louisiana markets. The Ho-Ho Reversal could enable the distribution of approximately 300,000 bbls per day of crude across the region depending upon crudes types shipped.
Subject to customer commitments and regulatory approval, the Ho-Ho Reversal is expected to begin service in early 2013.
About Shell Pipeline Company LP: For more than 80 years, Shell Pipeline Company LP has helped meet America's energy needs. We transport more than 2 billion barrels of crude oil and refined products annually through thousands of miles of pipelines located in seven states.
We carry more than 50 different kinds of crude oil and more than 20 different grades of gasoline, as well as diesel fuel, jet fuel, chemicals, ethylene and natural gas liquids – products that are fundamental to the American way of life.
As a wholly owned subsidiary of Shell Oil Products US, a unit of Shell Oil Company, we're part of one of the world's leading energy companies, which has been a prominent participant in America's energy industry for a century. With our integrated network of trunk lines, distribution systems, interconnects and terminals, we operate safely, efficiently and dependably – key factors in keeping the commodities we carry more affordable for the people who count on them.
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SOURCE Shell Pipeline
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