Colonial Pipeline Freezes Linden L2 IMTT Cycle 02 Tenders
1/15 2:32 PM
Colonial Pipeline Freezes Linden L2 IMTT Cycle 02 Tenders BURLINGTON, Vt. (DTN) -- Colonial Pipeline announced a freeze on nominations, effective at 2:30 PM ET today, for the second cycle on Linden Line 2 that services deliveries to IMTT Bayonne, New Jersey due to oversubscriptions that prevent the carrier from meeting its five-day lifting cycle. Colonial will continue to monitor the situation and notify its shippers of any significant changes to the schedule. Nominations for deliveries off the Linden L2 segment to Federal Elizabeth, BP Newark and Hess Newark (L2-FEDNW) are not impacted by this freeze. Colonial will continue to monitor the nominations on the line segment L2-FEDNW and take the appropriate action should conditions warrant. Colonial's 1.4 million bpd gasoline Line 1 and 1.2 million bpd distillate Line 2 deliver refined products from the Gulf Coast states into the Linden terminal, where they are redistributed to other storage terminals in the NYH market. (c) 2019 DTN. All rights reserved.
 
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