Enterprise to Expand Strategic Fuel Storage With New Facility in Utah
(Reuters) - Pipeline operator Enterprise Products Partners said on Tuesday the second phase of its Texas Western Products (TW) System was now complete with truck loading operations beginning at company's fuel terminal located in Utah.
The Utah facility, featuring a storage capacity of 400,000 bbl for gasoline and diesel, is strategically located to serve markets in both eastern Utah and western Colorado.
It joins three other facilities that began service earlier in 2024, which are located in Gaines County, Texas and the Jal and Albuquerque areas in New Mexico.
Enterprise is converting segments of its natural gas liquids pipeline systems to transport gasoline and diesel, with an aim to lower fuel prices in these areas.
"We believe the TW Products system will increase in importance to this region given the recently announced and potential future refinery closures in the state of California," CEO AJ Teague said in a statement on Tuesday.
Related News
- Boardwalk Approves 110-Mile, 1.16 Bcf/d Mississippi Kosci Junction Pipeline Project
- PGJ Exclusive (sponsored): How Southern Star revolutionized operations with a one-stop shop asset management upgrade
- Texas Oil Company Challenges $250 Million Insurance Collateral Demand for Pipeline, Offshore Operations
Related News
- Trump Aims to Revive 1,200-Mile Keystone XL Pipeline Despite Major Challenges
- Phillips 66 to Shut LA Oil Refinery, Ending Major Gasoline Output Amid Supply Concerns
- Valero Considers All Options, Including Sale, for California Refineries Amid Regulatory Pressure
- ConocoPhillips Eyes Sale of $1 Billion Permian Assets Amid Marathon Acquisition
- ONEOK Agrees to Sell Interstate Gas Pipelines to DT Midstream for $1.2 Billion
- U.S. LNG Export Growth Faces Uncertainty as Trump’s Tariff Proposal Looms, Analysts Say
- Tullow Oil on Track to Deliver $600 Million Free Cash Flow Over Next 2 Years
- Energy Transfer Reaches FID on $2.7 Billion, 2.2 Bcf/d Permian Pipeline
- GOP Lawmakers Slam New York for Blocking $500 Million Pipeline Project
- Polish Pipeline Operator Offers Firm Capacity to Transport Gas to Ukraine in 2025
Comments