NuStar Logistics and Velocity Midstream Partners are to develop a joint oil pipeline solution to transport Eagle Ford Shale condensate from Velocity’s Gardendale Hub to NuStar’s terminal facility in Texas, US.
Velocity will build and operate a new 70 mile, 12in pipeline, which will have the capacity to transport 100,000 barrels of condensate per day from Gardendale to Oakville and will interconnect it to NuStar’s new Oakville storage facility near Three Rivers.
This storage facility will be connected to NuStar’s existing 16in pipeline, which has the capacity to transport 200,000 barrels per day of crude and condensate into NuStar’s terminal.
The North Beach terminal has a two million barrel storage capacity, large-scale marine loading facilities and access to several Corpus Christi refinery markets.
