Keystone’s stagnation, though, is good news for Houston-based Enterprise Product Partners, which has teamed with Canada’s Enbridge to build its own Alberta-to-the-Gulf network.
Enbridge already has lines to move oil from Alberta to Chicago – avoiding the need for State Department approval – and from there to Cushing, Okla.
Enterprise’s proposed Wrangler line would transport the oil from Cushing to the Houston area.
“Wrangler becomes the only game in town if Keystone’s going to be pushed back a year,” said Jeff Dietert, an analyst with Houston-based Simmons & Company International. “Producers and shippers are going to be interested in moving crude sooner than that.”
800,000 barrels a day.
Keystone Pipeline System
http://www.transcanada.com/docs/Key_Projects/keystone.pdf
Commercial Information
The first leg of the Keystone Pipeline from Hardisty, Alta. to Wood River and Patoka, Ill. has capacity of 435,000 barrels per day.
Phase II of the project to Cushing, Okla. increases capacity to 591,000 barrels per day.
Keystone XL will add an additional 500,000 barrels per day in 2013.
When completed, Keystone XL will increase the commercial design of the Keystone Pipeline System from 591,000 barrels per day to approximately 1.1 million barrels per day.