Brentwood, Tenn.-based Delek Logistics Partners said recently commissioning of its new Libby II plant started to provide a “much needed processing capacity expansion” in Lea County, N.M. Delek plans to fill it to capacity in 2025 second half by adding 100 million to 120 million cfd of processing.
Avigal Soreq, president, said May 7, “Delek Logistics started 2025 on a strong note, enhancing our position as a premier midstream provider in the Permian Basin. We provided the best combination of yield and growth in the midstream sector with a long runway of growth driven by its advantageous position in Midland and Delaware basins.”
Soreq added, “We look forward to adding AGI and sour gas treating capabilities at the Libby complex and further expanding our overall capacity at the plant. We also are focused on making our combined crude and water offering in the Midland Basin more attractive.”
Delek’s new plant is adjacent to the Libby I gas plant (88 million cfd), which Delek Logistics acquired from 3Bear Energy in 2022 for $625 million to mark its entry into the Delaware Basin.
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