Thursday, July 10, 2014

Why did 2 Bakken pipeline proposals fail?


By: Amy Dalrymple, Forum News Service 
 
WILLISTON, N.D. – North Dakota officials have been touting pipelines as a way to reduce truck traffic and more safely ship oil to refineries, but two major Bakken pipeline proposals failed to move forward because of a lack of interest from shippers.

Koch Pipeline Co. proposed the Dakota Express Pipeline to transport Bakken crude from western North Dakota to Illinois. It was expected to begin service in 2016 with an initial capacity of 250,000 barrels per day.

After conducting an “open season,” in which the pipeline company gauges interest from the industry, Koch recently abandoned its plan for the project.

“The Dakota Express project is no longer being pursued due to insufficient shipper interest,” said Jake Reint, director of public affairs for Koch Pipeline Co.

Reint declined to comment further.  MORE


WILLISTON, N.D. – North Dakota officials have been touting pipelines as a way to reduce truck traffic and more safely ship oil to refineries, but two major Bakken pipeline proposals failed to move forward because of a lack of interest from shippers. - See more at: http://www.prairiebizmag.com/event/article/id/17712/#sthash.TgAaa44T.dpuf
WILLISTON, N.D. – North Dakota officials have been touting pipelines as a way to reduce truck traffic and more safely ship oil to refineries, but two major Bakken pipeline proposals failed to move forward because of a lack of interest from shippers.
By: Amy Dalrymple, Forum News Service

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