HOUSTON--(BUSINESS WIRE)--Plains Pipeline, L.P. (“Plains”), a subsidiary of Plains All American Pipeline, L.P. (NYSE: PAA), announced today that it is conducting an open season for committed capacity on a proposed new crude oil pipeline from Baker, Montana to Billings, Montana. The open season process provides an opportunity for potential shippers to offer long-term volume commitments for service from Baker, Montana to Billings, Montana or from Baker, Montana to Casper, Wyoming in exchange for a discounted rate.
The proposed pipeline would originate at Plains’ Baker, Montana station and provide an initial capacity of at least 50,000 barrels per day of light sweet crude oil to Billings, Montana. From the Billings station, shippers will have the option to transport volumes on Plains’ jointly owned Beartooth/Bighorn system, which provides service to Casper and Guernsey/Ft. Laramie, Wyoming. Further, shippers will have the option to transport volumes from Casper to the Salt Lake City market via Plains’ jointly owned Frontier and Wahsatch pipelines.
By submitting a binding proposal, bidders are offering to enter into a long-term throughput and deficiency agreement for pipeline capacity. Interested parties should contact Gregg Werger, Manager – Pipeline Commercial Operations at (307) 472-9908. The open season begins on March 15, 2012 and will end at 5:00 P.M. Mountain Time on May 15, 2012.
Plains All American Pipeline, L.P. is a publicly-traded master limited partnership engaged in the transportation, storage, terminalling and marketing of crude oil, refined products and liquefied petroleum gas and other natural gas-related petroleum products. Through its general partner interest and majority equity ownership position in PAA Natural Gas Storage, L.P. (NYSE: PNG), PAA also develops and operates natural gas storage facilities. PAA is headquartered in Houston, Texas.