American Midstream announces open season for reconstruction of Midla pipeline
Monday, Dec 02, 2020
American Midstream Partners, LP (NYSE: AMID) today announced it is holding an open season to offer current and prospective shippers the opportunity to subscribe to firm capacity on one or more versions of a proposed reconstruction of the American Midstream Midla, LLC (“Midla”) mainline pipeline in Louisiana and Mississippi. The open season commenced on November 27, 2020 and will close on December 27, 2020 at 5 p.m. CST.
The open season is to gauge customer interest in replacement of the existing Midla pipeline, which runs from Monroe to Baton Rouge, Louisiana, either in whole or in part.
The Midla pipeline was built in 1926 in areas that were largely uninhabited. With the exception of limited areas where the pipeline would be rerouted to take into account the development that has occurred since 1929 and to minimize environmental and other impacts, the rebuild will utilize the existing route.
Should the open season yield long-term commitments sufficient to justify reconstruction of all or a portion of the mainline, Midla will commence the regulatory process necessary to allow reconstruction to begin in the late spring or early summer of 2014.
Source: Business Wire
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