Maurepas Oil Pipeline
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Maurepas Oil Pipeline is an operating oil pipeline in Louisiana, United States.[1]
Location
The project includes three oil transmission pipelines running between the LOCAP Oil Terminal in St. James, Louisiana to the Norco Oil Refinery in Norco, Louisiana, to the Convent Oil Refinery near Union, Louisiana.[2]
Project details
- Operator: SemGroup[1]
- Owner: SemGroup [51%], Alinda Capital Partners [49%][1]
- Parent company: SemGroup [51%], Alinda Capital Partners [49%]
- Capacity: 500,000 bpd[2]
- Length: 34.2 mi[2] (crude oil pipeline only)
- Additional oil products pipelines of 34 mi and 35 mi are also operating[2]
- Status: Operating[3]
- Cost: US$500 million[3]
- Start year: 2017
Background
The project includes three pipelines: a 34-mile crude oil pipeline connecting the LOCAP Oil Terminal to Motiva’s Norco Oil Refinery; a 12-inch, 35-mile pipeline connecting the Norco Oil Refinery and Motiva’s Convent Oil Refinery; and an additional six-inch, 34-mile pipeline between the two refineries.[2]
Construction began in 2015.[2] According to the Quanta Services Inc, responsible for permitting and construction, the project was completed in 2017.[4]
Ownership
In October 2018, SemGroup sold 49% of its interest in the Maurepas Pipeline to investment funds managed by Alinda Capital Partners for $350 million. SemGroup will remain the majority owner and operator of the pipeline system, which consists of three separate transportation pipelines serving refineries in the Gulf Coast region of Louisiana.[1]
Articles and resources
References
- ↑ 1.0 1.1 1.2 1.3 Mike Averill, SemGroup completes sale of minority interest in Maurepas Pipeline , Tulsa World, Oct. 22, 2018
- ↑ 2.0 2.1 2.2 2.3 2.4 2.5 Anna Thibodeaux, Work to begin on Motiva’s $500M Maurepas Pipeline by end of this year, Herald Guide, October 2, 2015
- ↑ 3.0 3.1 Asset Data, IJGlobal, accessed Aug. 27, 2020
- ↑ "https://www.quantaservices.com/projects/maurepas-pipeline-llc-subsidiary-of-semgroup/".
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