Session 5 US Gulf Coast Export Infrastructure Developments Mark Roles Vice President, Commercial Crude Oil January 24, 2019
Magellans Existing & Future Texas Crude Assets
Longhorn Pipeline & BridgeTex Pipelines BridgeTex Overview Joint Venture with OMERS and Plains; Magellan operates Capacity: 440M bpd Grades: WTI, WTS, Condensate & Eaglebine Select Origins: Midland, Colorado City and Bryan Lease…
Magellan East Houston Terminal Daily trade pricing for WTI via Argus and Platts Current Crude Oil Storage MEH storage capacity of 9MM barrels Magellan total Houston area storage capacity of 12MM barrels Includes Galena Park and…
Houston Area Magellans Houston Distribution System is a comprehensive system delivering crude oil and condensate to the Houston Gulf Coast area Access to all domestic inbound crude production with additional inbound projects…
ICE MEH Quality WTI Meets the Global Marketplace Intercontinental Exchange (ICE) is the home to several of the worlds most actively traded crude oil benchmarks Global Crude Oil Benchmark Brent Futures ICE Brent futures has 2.4MM lots…
ICE Permian WTI & Storage Futures ICE Permian WTI Futures HOU contract allows customers the ability to trade physical crude oil futures for ultimate delivery at MEH Longhorn and BridgeTex Permian WTI can be delivered into the contract…
ICE HOU Contract Development Current Status Physically Deliverable Crude Futures Contract launched on October 22, 2018 Since the contract launch, there has been consistent growth in market participants, volume, and open interest…
Permian Gulf Coast Pipeline (PGC) Capacity 600 miles of 30 pipeline Up to approximately 1MM bpd Magellan Midstream Partners, LP Energy Transfer LP (ET) Origins Delek US Holdings, Inc MPLX LP ET Midland Magellan Crane Terminal…
Proposed Voyager Pipeline Capacity Initial: 250M bpd Expandable: 600M bpd Origin Magellans Cushing terminal Destinations MEH Magellans Houston Distribution System Magellans Seabrook Terminal Crude Oil Quality Four light crude…
Seabrook Terminal Joint Venture with LBC Tank Terminals, LLC In August 2018, Seabrook commenced operations of recent storage, pipeline and export capable dock expansions 2.3MM barrels of storage, one Aframax ship dock, and two…
Corpus Christi Area Existing Corpus Christi Terminal Private Dock Dock Four (4) public docks (3 ship and 1 barge) Private Dock 11 7 Dock 1 2.3MM barrels of storage Private Dock 2 4 Dock 50,000 bpd condensate splitter…
Summary Strategic existing assets reach some of the largest basins bringing reliable crude oil transportation service to major refining and export markets Growth projects planned would expand pipeline capacity out of the Permian…
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