Magellan Midstream Partners, L.P. and Occidental Petroleum Corporation have announced plans to build BridgeTex Pipeline, which will transport Permian Basin crude oil from Colorado City, Texas to the Houston Gulf Coast area.
The BridgeTex Pipeline has received a favorable order from the Federal Energy Regulatory Commission approving the tariff structure for the pipeline.
The BridgeTex Pipeline will be capable of transporting up to 300,000 barrels per day of crude oil, with access to Houston Ship Channel refineries, Texas City refineries and other refineries throughout the Gulf Coast via third-party pipelines. The BridgeTex Pipeline project includes construction of approximately 400 miles of 20-inch pipeline from Colorado City to Magellan’s terminal in East Houston; approximately 1.2 million barrels of crude oil storage at Colorado City and 1.4 million barrels of crude oil storage at East Houston to facilitate pipeline movements; and nearly 50 miles of 24-inch pipeline between East Houston and Texas City.
The BridgeTex Pipeline is expected to begin service by summer of 2014.