EPIC Announces Plans to Begin Interim Crude Oil Service on Its NGL Pipeline in Third Quarter of 2019
Ares Management Corporation Class A (ARES)
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Source: Business Wire
EPIC Upsizing Crude Oil Pipeline Capacity to 30-inch Line, Given Success of Second Open Season; Completion Expected in January 2020 SAN ANTONIO--(BUSINESS WIRE)-- EPIC Midstream Holdings, LP (EPIC) today announced that it has obtained all necessary and required approvals for its subsidiary EPIC Crude Oil Pipeline, through a lease arrangement, to begin crude oil service on a portion of the EPIC NGL Pipeline owned by EPIC Y Grade Pipeline, LP, a subsidiary of EPIC Y Grade Services, LP, once construction of the pipeline is completed in the third quarter of 2019. Because of high customer demand for crude oil transportation, EPIC made the decision to utilize the third and final phase of its EPIC NGL Pipeline from Crane, Texas to Corpus Christi, Texas for crude oil service while the EPIC Crude Oil Pipeline and EPIC NGL fractionator remain under construction. The EPIC NGL Pipeline will convert back to N
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