Newspaper article THE JOURNAL RECORD

Magellan to Build Marine Terminal

Newspaper article THE JOURNAL RECORD

Magellan to Build Marine Terminal

Article excerpt

TULSA - Magellan Midstream Partners plans to build a high- capacity marine terminal along the Houston Ship Channel in Pasadena, Texas, to handle refined petroleum products.

The products will include various grades of gasoline and diesel fuel and renewable fuels.

The new terminal, supported by a long-term customer commitment, will be built on nearly 200 acres of recently acquired land. The expected cost is $335 million, including the acquisition of land.

Tulsa-based Magellan plans to build 1 million barrels of refined products and ethanol storage and a new marine dock capable of handling Panamax-sized ships or barges with up to a 40-foot draft.

Magellan is also constructing a 36-inch pipeline between its existing Galena Park, Texas, terminal and the new Pasadena terminal. Magellan is connecting its existing 18-inch Texas City-to-Pasadena pipeline to the new facility. …

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