Refined Products Terminal and Pipeline Operator Adds Capacity in Texas

Refined Products Terminal and Pipeline Operator Adds Capacity in Texas

Refined Products Terminal and Pipeline Operator Adds Capacity in Texas

SUGAR LAND--August 8, 2008--Researched by Industrial Info Resources (Sugar Land, Texas)--Magellan Midstream Partners LP (NYSE:MMP) (Tulsa, Oklahoma) is currently expanding its network in Texas. The company is adding storage capacity as well as new pipeline and expanded loading rack capacity. The company is adding 42 new tanks, totaling 6.25 million barrels of storage, in Texas. Most of the investment activity is centered on the Houston metropolitan area as well as in north Texas near Dallas.

Subscribe Now!(All Fields Required)

Standard Membership - Free