Blueknight Energy building new pipeline to Houston Ship Channel

An Oklahoma City midstream company plans to build a major, 160-mile pipeline linking East Texas oil plays to the Houston Ship Channel.Blueknight Energy Partners LP Nasdaq: BKEP will construct a 16-inch diameter pipeline to run south from Madison County to Houston to take advantage of the Eaglebine and Woodbine crude oil plays. The pipeline will extend to Oiltanking Houston, a crude oil terminal on the Houston Ship Channel, owned by Oiltanking Partners LP NYSE: OILT.The project already has business commitments from a joint venture between Switzerland-based Vitol Inc. and Tennessee-based SEI Energy LLC, a natural gas and crude oil services company.

via Blueknight Energy building new pipeline to Houston Ship Channel – Houston Business Journal.

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