Magellan Midstream Announces Open Season for Potential Crude Oil Distribution
Originating from Galena Park, Texas
TULSA, Okla., Dec. 21, 2012
TULSA, Okla., Dec. 21, 2012 /PRNewswire/ -- 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 email@example.com. More information about the
open season is available at http://www.magellanlp.com/tariffs.asp.
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.
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.
Contact: Investors: Media:
Paula Farrell Bruce Heine
(918) 574-7650 (918) 574-7010
SOURCE Magellan Midstream Partners, L.P.
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