Midstream - Pipelines
Magellan Extends Open Season for MidCont/Gulf Pipeline
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Magellan Midstream Partners, L.P. has reported an extension of the open season to solicit capacity commitments from shippers to transport refined petroleum products to Little Rock, Arkansas.
Management is currently in advanced discussions with potential shippers and remains optimistic about the prospects for this project. Binding commitments are now due by 5:00 p.m. Central Time on Dec. 13, 2013. The extension provides potential shippers additional time to make commitments.
As previously announced, Magellan is assessing customer interest to transport up to 75,000 barrels per day of gasoline, diesel fuel and jet fuel from the partnership's Ft. Smith, Arkansas terminal, providing the Little Rock market access to refined products from Mid-Continent and Gulf Coast refineries via Magellan's…
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