Medallion Launches Non-Binding Open Season on EPIC Pipeline

Source: www.gulfoilandgas.com 5/24/2021, Location: North America

Medallion Pipeline Company, LLC has launched a non-binding open season for its capacity that is leased on EPIC Crude Pipeline, LP’s crude oil pipeline system (“EPIC Pipeline”). The open season will start today May 24, 2021, at 9:00 a.m. Central Daylight Time and will close on June 25, 2021, at 4:00 p.m. Central Daylight Time.

Medallion leases 27,778 barrels per day of capacity from the Group 1 origin points on EPIC Pipeline, as defined in EPIC Pipeline’s rates and charges tariff filed with the Federal Energy Regulatory Commission (“FERC”) for delivery to the Corpus Christi and Ingleside destination points. EPIC Pipeline provides Medallion’s shippers with access to downstream markets, including crude oil export facilities at the Port of Corpus Christi.

In July 2019, Medallion held an open season seeking commitments from shippers interested in shipping on Medallion’s capacity that is leased on EPIC Pipeline. In response to the July 2019 open season, Medallion executed a transportation services agreement with a third-party shipper. Recently, that transportation services agreement was terminated and the committed capacity on Medallion’s leased capacity on EPIC Pipeline has become available again.

Accordingly, Medallion is holding the current non-binding open season to gauge shipper interest in, and to potentially re-contract, the available leased capacity on EPIC Pipeline for the remaining term of the original 2019 transportation services agreement. The terms and conditions of the transportation services being offered are substantially similar to those applicable to the 2019 committed shipper.

Bonafide prospective shippers may obtain copies of the open season documents upon execution of a confidentiality agreement with Medallion by contacting the representative listed below. Prospective shippers must execute a confidentiality agreement prior to delivery of these documents.


China >>  7/26/2021 - With the last welding welded in KP73 + 950 completed and inspected, the second phase of the refined oil pipeline (the NFTP project) was all completed....
United Kingdom >>  7/26/2021 - Angus Energy plc is pleased to announce that Lincolnshire County Council Planning Committee have decided in favour of our application to perform a sho...

Ukraine >>  7/23/2021 - Ukraine will insist that sanctions be imposed on the operator of the Nord Stream 2 project, announced Naftogaz CEO Yuriy Vitrenko in Washington DC. ...
Iran >>  7/22/2021 - Iran has just launched a new export terminal in Jask, Hormuzgan Province, south of Iran, which can receive up to 1 mbd of crude oil from a massive pip...

Nigeria >>  7/16/2021 - Nigeria is searching for $1bn in financing to support further work on the $2.8bn Ajaokuta-Kaduna-Kano (AKK) gas pipeline, amid delays with the disburs...
Panama >>  7/13/2021 - The Republic of Panama and Dallas-based Energy Transfer LP (ET) announced that the parties have signed a Memorandum of Understanding (MOU) to study th...




Gulf Oil and Gas
Copyright © 2021 Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.