2024 © Arevuk Advisory Services Pvt Ltd. Coded with from India
Plains All American Pipeline, L. P. is a midstream service provider. It owns a network of pipeline transportation, terminalling, storage and gathering assets in key crude oil and natural gas liquids producing basins and transportation. It has two segments: Crude Oil and Natural Gas Liquids (NGL). Crude Oil segment operations generally consists of gathering and transporting crude oil using pipelines, gathering systems, trucks and at times on barges or railcars, in addition to providing terminalling, storage and other facilities-related services utilizing its integrated assets across the United States and Canada.
Its assets serve third parties and are also supported by its merchant activities. Its NGL segment operations involve natural gas processing and NGL fractionation, storage, transportation and terminalling. NGL segment is involved in gathering, fractionation, storage and/or terminalling services to third-party customers for a fee, and merchant activities that support the assets. .