March 23, 2015
Houston energy companies launch new pipeline plans
Tennessee-based Delek Logistics Partners LP (NYSE: DKL) is teaming up with two Houston-area pipeline companies to build new Texas pipeline projects.
Houston-based Plains All American Pipeline LP (NYSE: PAA) will construct the new $100 million Caddo Pipeline LLC in a 50-50 joint venture with Delek.
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The 12-inch Caddo pipeline will run 80 miles from the Plains Atlas Terminal in Longview, Texas, to Shreveport, Louisiana. The pipeline will…