Howard Midstream Energy Partners said Tuesday its Dos Águilas Pipeline unit completed a “successful” open season for Dos Águilas, and will proceed with the project, Kallanish Energy reports.
Dos Águilas is a system of refined products terminals and pipelines running from Corpus Christi, Texas, to northern Mexico.
“The Dos Águilas project has been in development for a long time; it is the result of years of relationship-building and market analysis,” said Howard Midstream Energy Partners CEO Mike Howard. “The customer response we received during the open season exceeded our expectations.
”The Dos Águilas project will offer direct transportation services for gasoline, ultra-low sulfur diesel, and jet fuel from the Corpus Christi refinery complex to Laredo, Texas, and into northern Mexico markets through deliveries to Nuevo Laredo, Tamaulipas and Monterrey, Nuevo León.The project is broken down into four pipelines, including:
The 141-mile Border Express Pipeline, originating in Corpus Christi, delivering to Laredo
The 10-mile Borrego Pipeline, originating in Laredo and terminating at the International Border Crossing in the U.S.
The 12-mile Poliducto Frontera Pipeline, originating at the International Border Crossing in Mexico, and delivering to Nuevo Laredo, Tamaulipas
The 124-mile Poliducto del Norte Pipeline, originating in Nuevo Laredo, Tamaulipas, and delivering to Monterrey, Nuevo Leon.
On March 10, Mexico’s Comisión Reguladora de Energía (CRE) authorized Dos Águilas Pipeline to conduct an open season from April 25 to May 23, to secure volume commitments on the Poliducto Frontera and the Poliducto del Norte pipelines, to transport refined products from the International Border Crossing to Nuevo Laredo, Tamaulipas and Monterrey, Nuevo Leon.Concurrently with the CRE-authorized open season, Dos Águilas Pipeline conducted open seasons consistent with the Federal Energy Regulatory Commission’s (FERC) policies for oil pipelines on affiliated U.S. lines, Border Express and Borrego, soliciting requests-for-service to transport refined products from the Corpus Christi refineries to Laredo, and the International Border Crossing.
This is believed to be the first simultaneous, conforming CRE and FERC open season process ever conducted.