Dallas pipeline company Jupiter Energy Group has extended an open season to book capacity on a proposed pipeline to move crude oil from the Permian Basin of West Texas to the Port of Brownsville.
The company saidt it will continue to book capacity on its proposed Jupiter Pipeline though May 31.
Spanning 650 miles, the 36-inch-diameter crude oil pipeline with begins near the Permian Basin town of Crane, Texas and includes an input terminal in the Eagle Ford Shale town of Three Rivers before ending at the company's planned facility at the Port of Brownsville.
"We're very pleased with the results of the initial open season period for the Jupiter Pipeline," Jupiter Pipeline LLC President Albert Johnson said in a statement. "The supplemental period validates our belief that the interest for transportation commitments on the pipeline is as substantial as expected."
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In addition to moving crude oil to the Port of Brownsville, company officials said the Jupiter Pipeline will also have connections to move crude oil to export terminals at the Port of Corpus Christi and the Port of Houston.
Jupiter's long-term plans include building an offshore crude oil export terminal near the Port of Brownsville that will be capable of loading Very Large Crude Carriers, or VLCC tankers. Among the largest ships in the world, VLCC tankers can carry up to 2 million barrels of crude oil in a single shipment — making them attractive to exporters.
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Despite those ambitious plans, Jupiter has yet to begin the year-long federal permitting process for its proposed Brownsville offshore terminal. In the meantime, several other companies are ahead of the game.
A joint venture led by Marathon Petroleum Corporation has been loading VLCC tankers at the Louisiana Offshore Oil Port since February 2018. Swiss commodities Trafigura filed for a federal permit to build an offshore crude oil export terminal in the Gulf of Mexico near Corpus Christi last year.
And just last month, Houston pipeline operator Enterprise Products Partners and a joint venture led by Canadian pipeline operator Enbridge both filed their federal permit application to build offshore export terminals just southwest of Houston in Brazoria County.