PAA begins open season for proposed Cushing to Longview pipeline

Plains All American Pipeline LP (NYSE: PAA) is conducting an open season for committed capacity on a proposed new crude oil pipeline from Cushing, Oklahoma, to Longview, Texas. The open season process provides an opportunity for potential shippers to offer long-term volume commitments for service from Cushing to Longview in exchange for a discounted rate.

The proposed pipeline would originate at the Plains Cushing, Oklahoma Terminal and provide an initial capacity of approximately 120,000 barrels per day of light sweet crude to Longview, Texas.

The open season ends at 5 p.m. CT on July 23.

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