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Colonial Allocates Cycle 24 Line 01 Gasoline Shipments
4/24 6:37 AM
Colonial Allocates Cycle 24 Line 01 Gasoline Shipments BURLINGTON, Vt. (DTN) -- Colonial Pipeline has notified its customers gasoline shipments on its main Line 01 have been allocated for cycle 24, and the Capacity Allocation Program is active for the cycle north of Collins, Mississippi. Gasoline nominations for the 24th cycle are approaching levels that would impede 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 Wednesday (4/25), and tenders should be updated to a level no greater than the committed volume. The 24th cycle begins closing for gasoline nominations on April 30. 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, Texas and Lake Charles, Louisiana, areas. (c) 2018 DTN. All rights reserved.