ONEOK Announces Refined Products Pipeline Expansion to the Greater Denver Area
Includes Expanded Connectivity with
The project includes construction of a new 230-mile, 16-inch diameter pipeline from
Following the close of an open season earlier this year, the project is fully subscribed under long-term contracts.
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"This announcement is another example of the attractive-return growth opportunities ahead of us following the acquisition of our refined products and crude oil businesses," added Norton. "We remain focused on addressing growing energy demand while maintaining our commitment to safe and reliable operations."
At
For information about
Some of the statements contained and incorporated in this news release are forward-looking statements as defined under federal securities laws. The forward-looking statements relate to our anticipated financial performance (including projected capital expenditures and cash flow), liquidity, management's plans and objectives for our future growth projects (including dates for expected completion of growth projects) and other future operations (including plans to construct additional refined products facilities and related cost estimates), market conditions and other matters. We make these forward-looking statements in reliance on the safe harbor protections provided under federal securities laws and other applicable laws.
Forward-looking statements include the items identified in the preceding paragraph, the information concerning possible or assumed future results of our operations and other statements contained or incorporated in this news release identified by words such as "anticipate," "believe," "continue," "could," "estimate," "expect," "forecast," "goal," "guidance," "intend," "may," "might," "outlook," "plan," "potential," "project," "scheduled," "should," "will," "would" and other words and terms of similar meaning.
One should not place undue reliance on forward-looking statements. Known and unknown risks, uncertainties and other factors may cause our actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by forward-looking statements, including, without limitation,
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