Colonial Pipeline Allocates Cycle 7 Line 02 Distillates
1/17 8:38 AM
Colonial Pipeline Allocates Cycle 7 Line 02 Distillates BURLINGTON, Vt. (DTN) -- Colonial Pipeline has notified its customers distillate shipments on its main Line 02 have been allocated for cycle 7, and the Capacity Allocation Program is active for the cycle north of Collins, Mississippi. Distillate nominations for the 7th cycle are approaching levels that would exceed the pipeline's ability to deliver on a five-day cycle prompting the allocation. Shippers must confirm or resubmit nominations by the close of business on Friday (1/18), and tenders should be updated to a level no greater than the committed volume. The 7th cycle begins closing for distillate nominations on Jan. 24. The Colonial Pipeline traverses from Houston, Texas through the southeast and north, ending in Linden, New Jersey, collecting gasoline and distillates from refineries in the Houston and Lake Charles, Louisiana, areas. (c) 2019 DTN. All rights reserved.