Nustar sees continuing Permian growth
The infrastructure firm expects flows through its pipeline system in the US shale heartland to be 10pc higher by the end of the year
The Permian crude pipeline system operated by US infrastructure firm Nustar will see flows of 560,000-570,000bl/d by the end of this year, c.10 pc higher than where they were at year-end 2021, predicts the firm’s CEO, Brad Barron. “While overall US oil production has faced supply chain and other challenges this year, our top-tier Permian producers have continued to successfully execute on their drilling plans,” says Barron. “The steady, strong volume growth we saw in the first half of 2022 and continue to see ramping up this quarter is a testament to our producers and the quality and strength of our acreage.” Throughput in the firm’s system grew to a new quarterly record of 522,000bl/d in th
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