Magellan Midstream Partners, L.P. announced recently that it is considering an expansion of the western leg of its refined products pipeline system in Texas and has launched an open season to assess customer interest. Interested customers must submit binding commitments by 5:00 p.m. Central Time on May 9, 2018.
The proposed expansion would increase Magellan’s capability to transport refined petroleum products, such as gasoline and diesel fuel, from Gulf Coast refineries to demand centers in Abilene, Midland/Odessa and El Paso, Texas, with further optionality to access markets in the states of New Mexico and Arizona, as well as international markets in Mexico via connections to other pipelines owned by Magellan and third parties. The pipeline’s current capacity of 100,000 barrels per day (bpd) could increase to 140,000 bpd following the expansion.
Subject to the results of this open season and receipt of all necessary permits and approvals, the expanded capacity could be operational by mid-2020.
More information about the open season is available at www.magellanlp.com/whatwedo/liquidpipelinetariffs.aspx.
SOURCE: Magellan Midstream Partners, L.P.