Zydeco Announces Binding Open Season
Shell Midstream Partners, L.P. Common Units representing Limited Partner Interests (SHLX)
Last shell midstream partners, l.p. common units representing limited partner interests earnings: 2/20 08:00 am
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shellmidstreampartners.com
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Source: GlobeNewswire
Houston, Aug. 15, 2018 (GLOBE NEWSWIRE) -- Zydeco Pipeline Company LLC (Zydeco), jointly owned by Shell Midstream Partners, L.P. (NYSE: SHLX) and Shell Pipeline Company LP (SPLC), announced today the start of a binding open season. Zydeco is seeking binding commitments for firm capacity transportation service on its 350-mile pipeline which delivers crude to St. James, LA, and Clovelly, LA from terminals in Houston and Nederland, TX. “Zydeco is a strategic pipeline and among the best in terms of connectivity and delivery points of any pipeline along the Gulf Coast. It has met, and we expect that it will continue to meet, demand in the critical part of a high-growth market,” said Kevin Nichols, Executive Vice President US Pipeline and CEO of Shell Midstream Partners. Zydeco provides a cost-effective solution to transport crude oil to Louisiana refiners, helping to alleviate bottlenecks of crude in Houston and Nederland from the Eagle Ford, Permian Basin and Bakken. The bi
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