Magellan Extends Open Season for Refined Products Pipeline
Magellan Midstream Partners has extended the open season to solicit commitments from shippers for the potential expansion of the western leg of its refined products pipeline system in Texas. The partnership also announced it is considering a new refined products terminal in Midland, Texas.
Magellan's proposed pipeline expansion would increase capacity to 145,000 bpd. Its system currently has capacity to transport 100,000 bpd of refined petroleum products to demand centers in Abilene, Midland/Odessa and El Paso, Texas, along with markets in New Mexico and Arizona, as well as international markets in Mexico via connections to other pipelines owned by Magellan and third parties. The refined products system provides shippers connectivity to multiple Gulf Coast refineries and terminals along with various mid-continent refineries.
Subject to the results of this open season and receipt of all necessary permits and approvals, the pipeline expansion and Midland terminal could be operational by mid-2020.
Related News
Related News
- Phillips 66 to Shut LA Oil Refinery, Ending Major Gasoline Output Amid Supply Concerns
- FERC Sides with Williams in Texas-Louisiana Pipeline Dispute with Energy Transfer
- U.S. Appeals Court Blocks Kinder Morgan’s Tennessee Pipeline Permits
- ConocoPhillips Eyes Sale of $1 Billion Permian Assets Amid Marathon Acquisition
- Valero Considers All Options, Including Sale, for California Refineries Amid Regulatory Pressure
- U.S. Appeals Court Blocks Kinder Morgan’s Tennessee Pipeline Permits
- Malaysia’s Oil Exports to China Surge Amid Broader Import Decline
- U.S. LNG Export Growth Faces Uncertainty as Trump’s Tariff Proposal Looms, Analysts Say
- Marathon Oil to Lay Off Over 500 Texas Workers Ahead of ConocoPhillips Merger
- Valero Considers All Options, Including Sale, for California Refineries Amid Regulatory Pressure
Comments