Source: West Texas Gulf Pipe Line
West Texas Gulf Pipe Line Company plans to expand takeaway capacity out of the Permian Basin by a minimum of 100,000 barrels per day.
Due to the projected growth of crude oil production in the Permian Basin, there is a market need to expand the takeaway capacity for crude transportation to various refining centers in Texas, the Mid-Continent and the U.S. Gulf Coast. Negotiations are in progress with potential shippers, engineering is underway and the expansion is expected to be completed within 18 months.
West Texas Gulf Pipe Line Company is a company engaged in the transportation of crude oil. The company owns approximately 600 miles of common carrier crude oil pipelines. The majority of crude oil shipments originate out of Colorado City, Texas and Nederland, Texas. Deliveries are made principally to refineries through connecting pipelines of other companies. An affiliate of Sunoco Logistics Partners L.P. (NYSE:SXL - News) operates the pipelines on behalf of West Texas Gulf and also has a 60.3% ownership interest.