ONEOK Bakken Project Marks Entry to Crude OH Transportation Market

摘要

In April, ONEOK Partners LP made a big splash in the realm of crude oil transportation with plans to invest $1.5 billion to $1.8 billion between now and 2015 to build a 1,300-mile crude, oil pipeline with the capacity to transport 200,000 barrels per day (bpd). Previously specializing in natural gas pipelines and storage, the company proposes to build the Bakken Crude Express Pipeline to transport light sweet crude oil from the Bakken shale in the Williston Basin in North Dakota to the Gushing, Okla., market hub.