EPIC Reaffirms Previously Announced Interim Crude Service Date and Permanent Crude Pipeline Completion Date
Ares Management Corporation Class A (ARES)
Last ares management corporation class a earnings: 2/13 06:00 am
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Source: Business Wire
Continues to work constructively with all state and federal agencies to receive necessary approvals in a timely manner SAN ANTONIO--(BUSINESS WIRE)-- EPIC Midstream Holdings, LP (“EPIC” or “the Company”) today reaffirmed that the EPIC Crude Oil Pipeline remains on schedule to begin interim service from Crane, Texas to Corpus Christi, Texas, during the third quarter of 2019. The project is expected to be in permanent service beginning January 2020. EPIC has secured 100% of the mainline right-of-way for the crude pipeline and anticipates the initial 30” pipe delivery by the end of January 2019. Construction of the 30” pipeline is expected to commence shortly thereafter. All pipe has been ordered from domestic mills. EPIC anticipates significant construction synergies between the Crude and Natural Gas Liquids Pipeline given the same construction crews will be utilized over the same right-of-way.
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