Extract from a Reuters article by Catherine Ngai published Tuesday 22 July 2014 under the headline: “Ho-Ho pipeline slow to start but pickup anticipated- traders”
(Reuters) – Royal Dutch Shell’s RDSs.L Houston-to-Houma pipeline meant to relieve bottlenecks in the country’s oil hub has been plagued by mechanical issues that have led the line to run below capacity though traders said on Tuesday volumes are expected to increase. The most recent data from the Louisiana Department of Natural Resources shows that the pipeline had a throughput of barely one-third of its capacity in each of the first four months of the year.
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