NorthStar Midstream Announces the Opening of the NST Express Pipeline in North Dakota
THE WOODLANDS, TX – 11/16/2016 – NorthStar Midstream (“NorthStar”) today announced the commissioning of the NST Express pipeline (“NSTX”) with bi-directional service between Alexander, ND and East Fairview, ND connecting crude oil volumes to the Dakota Access Pipeline (“DAPL”) and to rail transportation infrastructure.
NSTX is a FERC-regulated pipeline with an initial capacity of 40,000 barrels per day and expandable capacity up to 100,000 barrels per day. NSTX is capable of receiving volumes by pipeline and truck at Alexander and East Fairview for delivery to the market through an interconnection with DAPL or by rail at NorthStar’s transloading facility in East Fairview. The East Fairview Terminal has a twelve-bay truck LACT unit and five 105,000 barrel storage tanks. The Alexander Terminal has a four-bay truck LACT unit expandable to twelve bays, two 80,000 barrel storage tanks with blending capabilities, and interconnections with Hiland and Statoil gathering systems. Both terminals have additional land available for expansion.
“NSTX creates a market hub in North Dakota by providing critical optionality to connect customers to new end markets” said Tim Casey, CEO of NorthStar Midstream. “Not only will our customers have a rail transloading option at our crude-by-rail facility, but an outlet via our interconnection with DAPL. We expect to continue to develop additional interconnections, storage and blending capabilities at both terminals, expanding this important market hub for Bakken crude.”
NorthStar Midstream is private equity-backed portfolio company of funds managed by Oaktree Capital Management, L.P. NorthStar operates a crude-by-rail facility in East Fairview, North Dakota capable of transloading 100,000 barrels per day to a BNSF served rail for delivery to East and West coast refineries. The East Fairview location includes a high-speed sand silo service within the prolific McKenzie County producing area. NorthStar also owns and operates a liquids marine terminal in Point Comfort, Texas and is constructing a refined products marine terminal in Port Arthur, Texas and is partnering on a LNG liquefaction and storage facility in Jacksonville, Florida, both of which will be operational in 2017.
For further information please contact:
Erik Ludtke – SVP Commercial and Business Development
Gregg Haslinsky – Director Commercial, Bakken