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Tuesday, July 22, 2008
Holly Refining Signs Deal To Ship Oil on Centurion Pipeline
Associated Press
DALLAS — Holly Refining and Marketing Company has reached an agreement to ship crude oil on the Centurion Pipeline.
Financial terms were not disclosed today by Holly Refining's parent company, Holly Corporation.
The pipeline will deliver crude oil from Oklahoma to Texas.
Holly says it's currently evaluating the best pipeline plan to deliver crude oil from the end of the Centurion pipeline in Texas to the Navajo Refinery complex in New Mexico.
It'll involve about 70 miles of additional pipeline.
Holly previously reached shipping commitments on two other pipelines that will transport Canadian crude oil from Canada to Oklahoma.
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