Valve Magazine

Sat08012015

Last updateFri, 31 Jul 2015 10am

Back You are here: Home News Industry Headlines End-User News $900 Million Crude Pipeline Connecting Oklahoma-Tennessee

End-User News

$900 Million Crude Pipeline Connecting Oklahoma-Tennessee

Plains All American Pipeline will construct the Diamond Pipeline, a 440-mile, 20-inch crude oil pipeline that will provide capacity of up to 200,000 barrels per day of domestic sweet crude from the Plains Cushing, OK terminal to the Valero Memphis Refinery, and the ability to access Valero Energy Partner's Collierville pipeline. The total project investment is expected to be approximately $900 million and is expected to be completed in late 2016.

Valero holds an option until January 2016 to become a partner in the Diamond Pipeline and purchase a 50% interest. Construction of the pipeline will enhance the refinery's long-term ability to produce gasoline, diesel and jet fuel for the greater Memphis and eastern Arkansas area. 

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