Capline Owners Announce Study of Future Operations
OREANDA-NEWS. The owners of Capline, a crude oil pipeline system that originates in St. James, La. and terminates in Patoka, Ill., announce a study to examine the potential commercial opportunities for future Capline operations. This analysis is being conducted to address the expanding crude oil supply in North America and the significant changes in crude oil demand patterns. As a part of this study, a connection to the proposed Diamond Pipeline will be evaluated. Completion of the study is anticipated in the first quarter of 2015.
The Capline system consists of 632 miles of 40" pipe with 16 mainline pumping stations, more than 10 million barrels of storage capacity and a mainline capacity of 1.2 million barrels per day. The system provides a safe and economical means to transport domestic and international supplies of crude oil to a number of Midwest refineries and markets. Capline is owned by wholly-owned subsidiaries of Plains All American Pipeline LP, Marathon Petroleum Corporation and BP plc. It is operated by Marathon Pipe Line LLC.
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