Profile image
By silveristhenew (Reporter)
Contributor profile | More stories
Story Views

Now:
Last Hour:
Last 24 Hours:
Total:

Army Grants Easement To Complete Construction Of Dakota Access Pipeline

Tuesday, February 7, 2017 14:19
% of readers think this story is Fact. Add your two cents.

Headline: Bitcoin & Blockchain Searches Exceed Trump! Blockchain Stocks Are Next!

The US Army Corps said in a court filing it has notified Congress that it has granted the final easement needed to finish the controversial Dakota Access pipeline. The easement was needed for Energy Transfer Partners to complete work on the last portion located under Lake Oahe on the 1,172-mile long pipeline.

Last Friday, Bloomberg reported that the $3.8 billion Dakota Access oil pipeline may start operating June 1, assuming no new obstacles prevent it, according to a person familiar with the matter. It added that Energy Transfer Partners, the developer of the pipeline, will begin filling it with oil around Feb. 15, barring complaints or legal action to stop it, said the person.

Energy Transfer had previously said the project would be in service in the first quarter, which was delayed from its original projection of the fourth quarter of 2016. Vicki Granado, a spokeswoman for Energy Transfer, didn’t immediately respond to request for comment.

On Friday, Phillips 66, a stakeholder in Dakota Access, said the project is expected to be operational in the second quarter. The pipeline is more than 95 percent complete, and the timing guidance is pending issuance of the final easement needed from the Army Corps, Phillips 66 said in a statement. The oil refiner has a 25 percent stake in joint ventures to develop Dakota Access and the Energy Transfer Crude Oil Pipeline projects. The line started receiving shipments at two North Dakota terminals in January, a person familiar with the pipeline’s operations said last month.

Sunoco Logistics Partners is also a partner in the project. Marathon Petroleum Corp. and Enbridge Energy Partners announced a venture in August that would also take a minority stake in the pipeline.

The roll out is not expected to be without incidents, however, as environmentalists and nature groups have vowed to prevent the construction at all costs, suggesting that a showdown between Trump and the those who seek to halt the DAPL is imminent.



Source: http://silveristhenew.com/2017/02/07/army-grants-easement-to-complete-construction-of-dakota-access-pipeline/

Report abuse

Comments

Your Comments
Question   Razz  Sad   Evil  Exclaim  Smile  Redface  Biggrin  Surprised  Eek   Confused   Cool  LOL   Mad   Twisted  Rolleyes   Wink  Idea  Arrow  Neutral  Cry   Mr. Green

Top Stories
Recent Stories
 

Featured

 

Top Global

 

Top Alternative

 

Register

Newsletter

Email this story
Email this story

If you really want to ban this commenter, please write down the reason:

If you really want to disable all recommended stories, click on OK button. After that, you will be redirect to your options page.