Parkway Pipeline
Company Summary
Description
Parkway Pipeline, a 50-50 joint venture between Kinder Morgan and Valero Energy Corp, transports refined petroleum products from refineries in Norco, La., to an existing petroleum transportation hub in Collins, Miss., owned by Plantation Pipe Line Company. (Kinder Morgan owns 51 percent of Plantation Pipe Line Company and operates the system.) From this hub the products are transported by multiple pipeline systems, including Plantation, that serve major markets in the eastern United States. Parkway has an initial capacity of 110,000 barrels per day (bpd) with the ability to expand to over 200,000 bpdWebsite
http://www.kindermorgan.com/pages/business/product...Related Entities
Company Transactions
Date: 11/1/2017
Type: Acquisition
BUYERS:
Valero Energy Partners LP
DETAILS:
COST: 508 $MM
REGIONS:
Gulf Coast
News & Press Releases
Projects & Assets
Direct Assets
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