TULSA, Okla. – 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.
For customer inquiries
regarding the open season, please contact Doug Copley at (918) 574-7708 or doug.copley@magellanlp.com.
More information about the open season is available at http://www.magellanlp.com/tariffs.aspx.
About Magellan Midstream Partners, L.P.
Magellan
Midstream Partners, L.P. (NYSE: MMP) is a publicly traded partnership that primarily
transports, stores and distributes petroleum products. The partnership owns the
longest refined petroleum products pipeline system in the country, with access
to more than 40% of the nation’s refining capacity, and can store 80 million
barrels of petroleum products such as gasoline, diesel fuel and crude oil. More
information is available at www.magellanlp.com.
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Portions of this document may constitute
forward-looking statements as defined by federal law. Although management
believes any such statements are based on reasonable assumptions, there is no
assurance that actual outcomes will not be materially different. Additional
information about issues that could lead to material changes in performance is contained
in the partnership’s filings with the Securities and Exchange Commission.
Contacts: