Fortress transportation and infrastructure llc and jefferson energy companies announce the successful completion of the southern star pipeline to motiva

New york, april 12, 2021 (globe newswire) -- fortress transportation and infrastructure investors llc (nyse:ftai) and jefferson energy companies (“jefferson energy”) are pleased to announce the successful completion of the southern star pipeline project. this project consists of a 24-inch crude oil pipeline connecting the jefferson energy terminal to the motiva port neches terminal in port neches, tx. the southern star pipeline allows for ratable and efficient oil pipeline movements between the two locations and provides pipeline throughput capacity up to 288,000 barrels per day of light and heavy crude oil. through premium design engineering and construction techniques, the pipeline can flow oil with an api as low as 15 degrees allowing for pipeline movements of blended and straight run crude oils. jefferson energy expects crude types originating from all of the major north american production basins, including, but not limited to, western canada, permian, mid-continent, bakken and rockies, will utilize the pipeline.
FTAI Ratings Summary
FTAI Quant Ranking