Koch Proposing New Oil Pipeline To Connect N. Dakota To Illinois
Wichita-based Koch Pipeline Company is looking for shipping commitments from oil producers to use a proposed pipeline that would carry hundreds of thousands of barrels of crude oil.
Koch says oil shippers have until August 14 to solicit interest in the Dakota Express Pipeline.
The company believes the pipeline could be up and running by 2016 and would have the capacity to move 250 thousand barrels of crude daily. The line would move the crude oil from western North Dakota to Illinois.
Koch did not disclose the cost of the pipeline.
The company says it also is exploring a pipeline connection at the Patoka, Ill., hub that would further move North Dakota crude to Louisiana and the eastern Gulf Coast.