Highlights EPD cancels M2E4 pipeline, shifts volumes to other pipes Permian pipeline projects could further be trimmed back New York — Enterprise Products Partners on Sept. 9 said it would cancel its 450,000 b/d Midland-to-ECHO 4 pipeline project, offering customers who had reserved space on the line amended agreements to use its other three Midland-to-ECHO pipelines in exchange for extending the term of their agreements. Receive daily email alerts, subscriber notes & personalize your experience. Register Now The fall-off in oil production in the Permian Basin has cut back the need to build all the pipelines planned prior to the coronavirus pandemic, which, in turn, has cut demand for crude and refined products across the globe. Enterprise Product Partners’ decision to not go ahead with the pipeline is seen as a positive for the industry as it looks to navigate changing market dynamics resulting from the pandemic. “It’s important…that […]