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Alyeska Pipeline > FAQs > About the oil > Who owns the oil in TAPS?

Who owns the oil in TAPS?

Alyeska Pipeline Service Company does not own any crude oil produced on the North Slope. Alyeska takes custody of crude oil at Pump Station 1 on behalf of the TAPS owners, transports the oil across the state of Alaska to the port of Valdez, and loads the oil onto tankers. Once the oil is loaded onto tankers, Alyeska releases custody of the oil.