Company Receives $47 Million To Build Diamond Pipeline
LITTLE ROCK (KFSM) — A piping manufacturer has received $47 million to help build a pipeline that would span several hundred miles from Oklahoma to Tennessee.
According to Welspun Tubular, which has facilities near the Little Rock Port, the order will account for about two-thirds of the pipe needed to construct the Diamond Pipeline.
The project is expected to run through a section of Sebastian, Franklin and Johnson counties, including the northwest side of Clarksville.
The Diamond Pipeline is a $900 million project, and will be capable of transporting 200,000 barrels of domestic crude oil per day.
It has been mapped to run from Cushing, Okla. To Memphis, Tenn., and is expected to be completed next year.