ONEOK Suspends Expansion Projects Amid Oil Price Collapse

(P&GJ) — ONEOK has suspended key expansion projects as the price of oil has continued to drop amid fears of a slowing global economy due to the coronavirus.  Suspended projects include the 100,000 barrel per day (bpd) additional expansion of the West Texas LPG pipeline in the Permian Basin, the 200 million cubic feet per day (MMcf/d) expansion of the Demicks Lake natural gas processing facility and the Demicks Lake III project, along with related infrastructure in the Williston Basin. Additionally, the scope of the Elk Creek Pipeline expansion will be reduced, with the ability to add pump stations incrementally to meet customer needs as necessary. The suspension of these projects is

LOG IN to view this article.

Not Yet A Subscriber? Here are Your Options.

1) Start a FREE TRIAL SUBSCRIPTION and gain access to three free articles.

2) SUBSCRIBE to Global Energy Infrastructure and gain ACCESS to premium content for the energy industry.*

 

*Access will be granted the next business day.

Related Articles

Comments

{{ error }}
{{ comment.comment.Name }} • {{ comment.timeAgo }}
{{ comment.comment.Text }}