Magellan Midstream to Construct New Pasadena Marine Terminal
Tulsa, OK (AP) – Magellan Midstream Partners plans to build a high-capacity marine terminal and related pipeline at the Houston Ship Channel in Pasadena, TX to handle refined petroleum products, including various grades of gasoline and diesel fuel, and renewable fuels.
As part of that project, the company will also construct a 36-inch pipeline between the partnership’s existing Galena Park, TX terminal and the new Pasadena terminal to enhance connectivity and distribution options for both facilities. In addition, Magellan is connecting its existing 18-inch Texas City-to-Pasadena pipeline to the new facility.
Supported by a long-term customer commitment, Magellan initially plans to build about 1 MMbbls 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.
The $335 million price tag on the project includes the acquisition of 200 acres of land. Magellan expects its new Pasadena terminal to be operational in early 2019.
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