Proposed Dakota Access pipeline to connect Bakken to Gulf Coast

By Luke Geiver | March 12, 2014

Energy Transfer Partners has joined the list of companies looking to move Bakken crude via pipeline. ETP has officially started an open season call for a crude oil pipeline that would connect multiple points in North Dakota with various Midwest and Gulf Coast refineries and terminals, according to the company. ETP is calling its pipeline project Dakota Access LLC. The project will move crude from North Dakota to a terminus in Illinois before it is shipped to the Gulf Coast. 

The size of the transport project will depend on shipper commitments, according to the company, and, committed shippers would have discounted rates compared to uncommitted shippers’ volumes for the same origin and destination points. Committed shippers would also have the flexibility of making 5 year, 7 year or 10 year commitments depending on destination points. And, ETP said in its open season call information, shippers committed volumes would not be exposed to construction cost risk of the pipeline projects.

If approved, the project could be in service in 2016.

All interested parties interested in receiving copies of the open season agreement, including deficiency agreements and proposed tariffs will have to sign a confidentiality agreement.

ETP owns Sunoco Inc., and a large portion of Sunoco Logistics Partners LP, a company that operates crude oil and refined product pipelines and terminals.