NuStar Energy L.P. announced that its affiliate, NuStar Crude Oil Pipeline, L.P., has received binding commitments from committed shippers filling all of the space available to committed shippers on Phase 1 of the partnership's South Texas Crude Oil Pipeline System Project. In addition, NuStar continues to receive interest in Phase 2 of the project and will evaluate whether to proceed with this phase of the project in the near future.
NuStar's South Texas Crude Oil Pipeline System currently transports Eagle Ford Shale crude oil from several terminal locations in Frio, McMullen, and La Salle counties to NuStar's Corpus Christi North Beach facility. As previously announced, the proposed South Texas System Project, which is divided into two phases, will include pipeline capacity upgrades to the segments of the South Texas Crude Oil Pipeline System between NuStar's Gardendale Terminal in La Salle County, Texas and NuStar's Corpus Christi North Beach Terminal in Nueces County, Texas.
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