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South Dakota regulator grants Dakota Access pipeline permit

Dec. 01, 2015 11:21 AM ETEnergy Transfer LP Common Units (ET) StockETBy: Carl Surran, SA News Editor13 Comments
  • South Dakota regulators grant a construction permit for Energy Transfer Partners' (ETP -0.6%) proposed 1,130-mile Dakota Access pipeline that is planned to cross through South Dakota as it carries North Dakota oil to Patoka, Ill.
  • The proposed $3.7B pipeline initially would carry 450K bbl/day of crude oil and could be expanded to 570K bbl/day, making it the largest oil pipeline that would originate in North Dakota.
  • The approval by the South Dakota Public Utilities Commission is contingent on several conditions that aim to protect landowners along the route, such as requirements for construction and reclamation.

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