In the first week of July, we connected our Corpus Christi to Three Rivers, Texas, 16-inch crude oil pipeline to a pipeline constructed by Texstar Midstream Services. These two interconnected lines are moving Eagle Ford shale crude oil from Frio County, South Texas to Corpus Christi. This is the third pipeline project we have completed in the Eagle Ford shale in the last year, giving us the ability to move up to 250,000 barrels per day of Eagle Ford crude to the Corpus Christi market.On July 6, we announced plans to sell 50% of our asphalt business to Lindsay Goldberg and create a joint venture. This transaction is moving ahead as planned and is expected to close no later than September 30. After closing, we expect to deconsolidate the asphalt operation.
NuStar GP Holdings' CEO Discusses Q2 2012 Results - Earnings Call Transcript
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