Some market observers see a massive wave of LNG supply ready to flood the market, but the fears of cargo cancellations may be exaggerated, with the “great wave” more like a gradually rising tide.
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Some market observers see a massive wave of LNG supply ready to flood the market, but the fears of cargo cancellations may be exaggerated, with the “great wave” more like a gradually rising tide.
Full Speed Ahead – Plains Expands Wellhead-to-Water Connectivity by Securing 100% of EPIC Crude
RBN Energy Blogcast
10 minutes 49 seconds
3 weeks ago
Full Speed Ahead – Plains Expands Wellhead-to-Water Connectivity by Securing 100% of EPIC Crude
Out of the blue, Plains All American has scooped up 100% of the EPIC Crude Pipeline. Plains had previously announced an agreement to buy a 55% stake in the Permian-to-Corpus-Christi pipeline from Diamondback Energy and Kinetik Holdings, and on November 5, it said it had closed on a deal to buy the other 45% from Ares Management. In today’s RBN blog, we’ll discuss what the acquisition means for Plains, as well as a possible expansion of EPIC and the planned rebranding of the pipe.
RBN Energy Blogcast
Some market observers see a massive wave of LNG supply ready to flood the market, but the fears of cargo cancellations may be exaggerated, with the “great wave” more like a gradually rising tide.
