Seaway Pipeline signs new Connection Agreements with Exxon Pipeline

Jun 24, 1999 02:00 AM

Seaway Pipeline Company has announced it has signed new Connection Agreements with Exxon Pipeline Company.
The agreements will permit the delivery of Hoover/Diana crude oil, originating in the western Gulf of Mexico, to two new Seaway Pipeline crude oil transportation systems. Seaway Pipeline will construct the facilities to accept deliveries from Exxon Pipeline into both the Freeport-to-Cushing 30" pipeline that serves Mid-continent refiners, and the Texas City-to-Houston 36" pipeline system that serves the refiners along the Houston Ship channel, including Texas City.
The Hoover/Diana crude oil will originate approximately 150 miles offshore of Freeport, Texas and will be transported to shore by the new HOOPS (Hoover Offshore Oil Pipeline System) Pipeline, currently under construction by Exxon Pipeline. Start up of operations is expected in the second quarter of 2000.
Larry Shakley, President of Arco Pipe Line Company, operator of Seaway said: "This agreement will allow both the Houston and Mid Continent Refiners to have access to another growing source of crude oil, as well as provide Exxon Company, U.S.A. with increased markets for their oil."

Seaway is a partnership between Arco and subsidiaries of Phillips Petroleum Company.

Source: Iinoil
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