Environment & Energy Report

Energy Transfer Pipeline Halt to Cost Almost $2 Million a Day

Feb. 26, 2018, 9:13 PM

Energy Transfer Partners LP is facing another pipeline shutdown, one that could cost almost $2 million a day.

Work on the Bayou Bridge crude oil conduit, a joint venture between the pipeline giant controlled by billionaire Kelcy Warren and Phillips 66, was halted in Louisiana by a U.S. District Court Feb. 23, after the judge granted an injunction sought by environmental groups. A construction shutdown would cost more than $1.675 million a day, or $44 million a month, Bayou Bridge Pipeline LLC said in a court filing this month....

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