Capline Pipeline Company LLC announces Binding Open Season for Capline Reversal
FINDLAY, Ohio, January 30, 2019 - Capline Pipeline Company LLC, a joint venture among the pipeline system’s owners, announced today that a binding open season is underway to solicit shipper interest for the Capline system’s southbound service from Patoka, Ill., to St. James, La. or Liberty, Miss., with an additional origination point at Cushing, Okla., as part of a joint tariff with Diamond pipeline. Capline is a 40-inch, 632-mile pipeline system extending from Patoka, Ill., to St. James, La. The reversed service is scheduled to commence in September 2020.
Marathon Pipe Line LLC, the pipeline’s operator, will manage the open season and the joint tariff with Diamond pipeline. Interested shippers must execute a non-disclosure agreement and will then be provided access to the open season documents. Pending a successful open season, and subject to necessary approvals, Capline will continue project development and begin construction to enable southbound flow.
The binding open season began on Wednesday, January 30, 2019 at 4 p.m. EST, and concludes on April 30, 2019, at 12 p.m. EDT. Capline Pipeline Company LLC‘s majority owner is a Plains All American Pipeline, L.P. subsidiary, and minority owners are a Marathon Petroleum Corporation subsidiary and BP Oil Pipeline Company.
Legal Contact:
Elizabeth Kohlhausen
Caldwell Boudreaux Lefler PLLC
(713) 357-6248
ekohlhausen@CBLpipelinelaw.com
Commercial Contact:
Matt Heft
Marathon Pipe Line LLC
419-429-5499
mrheft@mplx.com
Media Contact:
Chuck Rice
Marathon Petroleum
Corporation
419-421-2521
Sid Barth
Marathon Petroleum Corporation
419-421-2850