Plains All American Pipeline will operate the upcoming Williston Basin liquids storage terminal, located in North Dakota in the US. Expected to start operations in 2021, the liquids storage terminal will be owned by Plains All American Pipeline.
Expected to be operational in 2021, the terminal will primarily store crude oil and will have pipeline, and road access.
Key specifications of the storage terminal-
Storage Capacity (bbl): 500,000
Tank Size Min (bbl): 250,000
Tank Size Max (bbl): 250,000
Number of Tanks: 2
During the period 2021-2025, the Williston Basin storage terminal is expected to witness an estimated capex of $3.6m.
About Plains All American Pipeline
Plains All American Pipeline LP (PAAP), a subsidiary of Plains GP Holdings LP, is a midstream energy company. It owns and operates transportation and terminalling, storage, and carries out the marketing of crude oil and refined petroleum products. The company also carries out the storage of natural gas, and processing, fractionation, storage and marketing of natural gas liquids (NGLs). It owns and operates midstream energy infrastructure in major crude oil and NGL producing basins and transportation gateways, and major market hubs in the US and Canada. The company’s supply and logistics fleet includes tankers, barges, transport tugs, trucks and trailers, and railcars. PAAP is headquartered in Houston, Texas, the US.
Information on the liquids storage terminal is sourced from GlobalData’s liquids storage terminal database that provides detailed information on all active and upcoming, liquids storage terminals globally. Not all companies mentioned in the article may be currently existing due to their merger or acquisition or business closure.