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TEXAS PIPELINE COMPANY MAX ENERGY ANNOUNCES PURCHASE OF SOUTHCROSS GAS PIPELINE

Momentum continues for Texas pipeline firm

HOUSTON, April 4, 2022 /PRNewswire/ — Texas pipeline firm Max Energy continues to make strikes because it immediately introduced the acquisition of the Upper Gulf Coast Pipeline System from Southcross Gulf Coast Transmission, Ltd. South Cross Gas Pipeline system.  This buy will add one other 328 miles of current pipeline to the spectacular assortment of transportation, terminaling, and loading infrastructure Max is placing collectively on the Texas Gulf Coast.

“By purchasing the Southcross Gas Pipeline, Max Energy can now connect oil from all over the state to our Edna facility,” stated Todd Edwards, Max Chairman.  “We believe this will provide customers with alternatives to better optimize their crude oil movements and increase value throughout their supply chains.

Max Energy will immediately begin work on converting segment of the pipeline to crude operations.  Before the end of the year, Max plans to have completed an interconnect with the Grey Oak Pipeline and the Victoria Express Pipeline, which will further expand access to growing crude production from the Permian and Eagle Ford basins.  Max is also developing plans to connect its growing pipeline system to both the Houston and Corpus Christi markets.  This will provide customers with more options for crude movements.  Ultimately, this will allow customers the ability to utilize the Port of Calhoun to better optimize their logistics compared to more congested ports. Max will be able to transport crude via pipelines between the major export ports of Houston, Corpus Christi and Calhoun including connected header systems in Edna, Three Rivers, Taft and Helena. And, Max will continue to develop all assets within the commitments of maintaining a carbon-neutral export facility.

To see a map of the Max pipeline system, click on right here: Max Map

About Max Energy: Max Energy is creating a contemporary and advanced Energy Asset and Trading Company.  Throughout its improvement, it’ll instill innovation, forward-thinking, and new options for its market and clients.  As the world’s vitality wants and necessities are quickly altering, Max Energy is ready to supply value-driven options for immediately and the long run.  Through its subsidiary Max Midstream, it operates a carbon impartial export terminal on the Port of Calhoun, Texas and linking pipeline on the US Gulf Coast.  For additional details about Max Energy and Max Midstream, go to https://www.maxmidstream.com.



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