Koch proposes oil pipeline in North Dakota
Published on -7/1/2013, 5:14 PM
BISMARCK, N.D. (AP) -- A Kansas company is seeking shipping commitments from oil producers to use a proposed pipeline that would carry crude from western North Dakota's booming oil patch to Illinois.
Wichita-based Koch Pipeline Co. said Monday that oil shippers have until Aug. 14 to solicit interest in the Dakota Express Pipeline.
Koch says the pipeline could be running in 2016 and would have the capacity to move 250,000 barrels of crude daily from western North Dakota to hub in Patoka, Ill., and to the company's terminal in Hartford, Ill.
The cost of the pipeline was not disclosed.
The company says it also is exploring a pipeline connection at the Patoka, Ill. hub that would further move North Dakota crude to Louisiana and the eastern Gulf Coast.