New pipeline strengthens oil industry collaboration
Marathon Petroleum Corp. and Enbridge Energy Partners LP are moving forward on a new Sandpiper pipeline, which will carry crude from Beaver Lodge, ND (north west of Williston) to Wisconsin. Marathon has committed to pay for 37.5 percent of the total pipeline cost, and will earn 27 percent interest in Enbridge’s North Dakota System when the pipeline is completed. The Sandpiper pipeline will move 225,000 barrels of crude per day. This is the second collaboration between the two companies in North Dakota. To learn more, see the Bismarck Tribune.