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BRIEF-Magellan Midstream Partners LP ‍to expand its refined petroleum products pipeline system​
September 6, 2017 / 1:30 PM / in a month

BRIEF-Magellan Midstream Partners LP ‍to expand its refined petroleum products pipeline system​

Sept 6 (Reuters) - Magellan Midstream Partners LP

* Magellan Midstream Partners LP - ‍To expand its refined petroleum products pipeline system​

* Magellan Midstream Partners LP - ‍Plans to build an approximately 135-mile, 16-inch pipeline from its terminal in East Houston to Hearne, Texas​

* Magellan Midstream Partners LP - ‍Will own newly-constructed pipeline from East Houston to Hearne via undivided joint interest deal with Valero Energy

* Magellan Midstream Partners LP - ‍Magellan will make a number of enhancements to its existing pipeline and terminal infrastructure​

* Magellan Midstream Partners LP - ‍Currently expects to spend approximately $375 million for its share of the project​ Source text for Eikon: Further company coverage:

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