Eagle Construction will build a new pipeline to transport U.M. oil via the Gulf Coast in 2018, and is expected to have finished construction in 2019.
The company will start building the pipeline in late 2018 and has already begun construction of its terminal in Mobile, Alabama, which will deliver the crude oil to the Gulf and refineries in Alabama, Mississippi and Florida.
Eagle will begin transporting oil from its terminal to the terminals at Fort Belvoir, Texas, and Fort Smith, Arkansas, and will be shipping oil to refineries and other processing facilities by the end of 2020.
The new pipeline will be the second largest pipeline in the U.T. for crude oil.
The project is expected provide up to 4,000 direct and indirect jobs in the Alabama, Texas and Florida regions, according to a news release from Eagle.
The company is working with U.C. Davis and the UH Mobile Campus to develop a joint venture agreement with the University of Alabama.
The project is part of the company’s commitment to investing in American-made technologies and services.
“The pipeline will have an environmental impact assessment and a review process that will ensure it will not impact local wetlands or water sources,” the news release states.
The pipeline is expected for completion in 2023, with a full pipeline capacity of 4.3 million barrels per day (bpd) by 2030.