24-07-2018
Holly Energy announces feasibility study for new refined product pipeline
Holly Energy Partners, L.P. announced today it has engaged AECOM, a third party engineering firm, to perform a feasibility study on a potential refined product pipeline from Orla, TX to Midland, TX. This potential pipeline is part of HEP’s continuous efforts to serve the growing distillate demand in the Permian Basin with additional infrastructure projects. The pipeline would complement HEP’s existing footprint in the Permian Basin and the recently announced truck loading rack project in Orla, TX.
HEP expects the pipeline to have an initial capacity of 40,000 barrels per day and be in service as early as the third quarter of 2019, subject to receipt of necessary regulatory approvals, permits and commercial support.
News Category:
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