Magellan Midstream Building Texas Pipeline
Petroleum product pipeline company Magellan Midstream Partners LP will spend $240 million to build a Texas pipeline from and upgrade a related terminal.
Magellan will build an 80-mile, 16-inch pipeline linking its terminal in East Houston to the Port Arthur refining area. The pipeline should be operational by 2011 and will have a 150,000 barrel per day capacity.
The partnership also will build a pipeline between its East Houston terminal and a terminal in Pasadena, Texas, owned by Motiva Enterprises LLC.
