January 24, 2019 / 4:48 PM / 6 months ago

Magellan adds Freeport, Texas to possible spots for deepwater terminal

(This Jan 24 story corrects second paragraph to show Roles’ title is vice president, not senior vice president)

(Reuters) - Magellan Midstream Partners LP is considering Freeport, Texas and other locations along the U.S. Gulf Coast for a crude export terminal it had previously planned for a harbor island off the south Texas city of Corpus Christi, an executive said on Thursday.

Magellan is still considering Corpus Christi as the spot for the terminal, Magellan vice president Mark Roles said during a panel at the Argus Americas Crude Summit in downtown Houston. The terminal would be capable of loading 1.5 million barrels per day (bpd) onto supertankers and room for up to 20 million barrels of storage capacity, Magellan previously told Reuters.

Reporting by Collin Eaton; Editing by Chizu Nomiyama

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