Plains All American Pipeline built their first major asset 1993, Cushing Terminal in Cushing, Oklahoma. This terminal allowed for 2 million barrels of storage and was designed to handle 600,000 barrels per day.
Cushing Terminal was built to receive, store, and distribute crude oil to refining centers, working with a network of pipelines. The facility handles both sweet (less than .42% sulfur) and sour (more than .5% sulfur) oils and allows for the complete segregation of the two.
Plains All American Pipeline has had several major acquisitions in their history, notably pipeline assets from Shell Pipeline Company in 2002 and PAA/Vulcan Natural Gas Storage in 2010.
Today Plains All American Pipeline owns and operates 18,000 miles of crude oil and refined product pipelines, approximately 90 million barrels of crude oil and Natural Gas Liquid (NGL) storage capacity, and truck transportation assets. They handle 3.5 million barrels per day of crude oil. Their revenue for 2012 was $34.275 billion.
Plains All American PipelinePlains All American Pipeline built their first major asset 1993, Cushing Terminal in Cushing, Oklahoma. This terminal allowed for 2 million barrels of storage and was designed to handle 600,000 barrels per day.
Cushing Terminal was built to receive, store, and distribute crude oil to refining centers, working with a network of pipelines. The facility handles both sweet (less than .42% sulfur) and sour (more than .5% sulfur) oils and allows for the complete segregation of the two.
Plains All American Pipeline has had several major acquisitions in their history, notably pipeline assets from Shell Pipeline Company in 2002 and PAA/Vulcan Natural Gas Storage in 2010.
History
Today Plains All American Pipeline owns and operates 18,000 miles of crude oil and refined product pipelines, approximately 90 million barrels of crude oil and Natural Gas Liquid (NGL) storage capacity, and truck transportation assets. They handle 3.5 million barrels per day of crude oil. Their revenue for 2012 was $34.275 billion.
