Magellan Midstream Announces Open Season for Potential Crude Oil Distribution Originating from Galena Park, Texas

abarrelfullabarrelfull wrote on 28 Dec 2012 07:53
Tags: magellan n-america pipeline usa

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Magellan Midstream Partners, L.P. (NYSE: MMP) announced today that it has launched an open season to assess firm customer interest to transport crude oil originating from the partnership’s Galena Park, Texas terminal. Interested customers must submit binding commitments by Jan. 21, 2013.

The potential project would include construction of new pipeline infrastructure capable of transporting crude oil from Magellan’s Galena Park terminal to the partnership’s Houston Gulf Coast crude oil distribution system for delivery to refineries in the Houston and Texas City area.

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