Page 16 - NorthAmOil Week 24

NorthAmOil NEWS IN BRIEF NorthAmOil

Williams announces Taggart is expected to come online in
MIDSTREAM 33% owner) in Louisiana.
Public statement from Trans deepwater tieback early 2022, and the reserves are expected to
produce approximately 27 million barrels over
Mountain agreement at Devils Tower eight years.
WILLIAMS, June 17, 2020
Site clean-up continues at the Sumas Pump Williams announced today that it has
Station in Abbotsford, BC. Crews have been reached a tieback agreement with LLOG Enterprise ramps up
working around the clock and removal of all Exploration Offshore (LLOG) to provide
surface level product is complete. Removal of offshore natural gas and oil gathering and ethylene exports;
contaminated soil is underway and expected production handling services for the Taggart
to take approximately four weeks. development at Williams’ Devils Tower Spar, commissions ethylene
Environmental monitoring is ongoing which is located 140 miles southeast of New
and has identified no risk to the public or Orleans in the Mississippi Canyon area of the storage and pipeline
community. Indigenous monitors continue to Gulf of Mexico. In addition to gathering and
have access to the site around the clock. An production handling, Williams will provide system
archaeological study and cultural monitoring onshore gas treatment and processing services
are included as part of the cleanup and to support the Taggart development. Enterprise Products Partners today
remediation efforts. “We are pleased to provide the full announced that the company’s ethylene
The Incident Command Post remains spectrum of midstream capabilities to another export terminal at Morgan’s Point, Texas, a
active and the company continues to work deep-water producer in the Gulf,” said joint venture with Navigator Holdings, has
with local authorities, area Indigenous groups Micheal Dunn, Chief Operating Officer for exceeded design interim loading capacity
and regulators, including the Canada Energy Williams. “Interconnected unlike any other, and expects to export more than 175 million
Regulator (CER), Transportation Safety Board our offshore and onshore infrastructure allows pounds for the month of June. The terminal
(TSB) and BC Ministry of Environment us to maximise value for our customers by is in the process of loading a record-sized
(BCMOE) in the oversight and clean-up of providing a safe, seamless and efficient direct ethylene cargo of 44 million pounds on the
this incident. The CER Remediation Process path to market. We look forward to serving Navigator Eclipse.
Guide will drive Trans Mountain’s assessment LLOG and capturing the full value of these The partnership expects to complete the
and remediation planning process moving important deep-water resources for our construction of an aboveground ethylene
forward. nation’s economy.” storage tank, which will bring the total
Trans Mountain is conducting a thorough Williams will leverage its existing loading capacity of the marine terminal to
investigation into the incident and fully footprint and system capabilities to gather 2.2bn pounds per year, by the end of 2020.
cooperating with the investigative efforts Taggart crude and natural gas production The marine terminal volumes are
of the Transportation Safety Board and the through Williams’ Mountaineer and supported by Enterprise’s high-capacity
Canada Energy Regulator. All COVID-19 Canyon Chief pipeline systems. The natural ethylene storage hub and pipeline system,
protocols are being followed both at the gas will be delivered to Williams’ Mobile which is connected to four ethylene pipeline
Incident Command Post and at the site of the Bay Processing Plant, and the natural gas systems. Enterprise expects to complete three
cleanup. liquids will be fractionated and marketed additional connections by the end of 2020,
TRANS MOUNTAIN, June 16, 2020 at the Baton Rouge Fractionator (Williams linking its system to a majority of ethylene
production capacity in Texas. Enterprise’s
open access ethylene storage hub and pipeline
system provides domestic ethylene producers
access to both domestic and global markets.
“To meet the growing demand for
petrochemical products, Enterprise built
the world’s first fully open access global hub
for polymer grade propylene; now, we have
developed the first global hub for ethylene,”
said A.J. “Jim” Teague, co-chief executive
officer of Enterprise’s general partner. “These
hubs are transforming how ethylene and
propylene markets transact and will create
a true marketplace for the world’s primary
petrochemical producers, consumers and
traders. These hubs provide the essentials for
an efficient market: reliable supplies, price
transparency and access to domestic and
global markets.”
ENTERPRISE PRODUCTS PARTNERS, June 17,
2020

P16 www. NEWSBASE .com Week 24 18•June•2020