- Sunoco Logistics Partners (NYSE:SXL) is seeking Pennsylvania approval to build cryogenic tanks that can store up to 2.4M bbl of natural gas liquids at a facility outside of Philadelphia that the company is trying to remake into a manufacturing and export hub, Reuters reports.
- SXL plans to build storage tanks to hold 1.5M barrels of propane, 600K barrels of butane and 300K barrels of ethane, according to a filing with state environmental regulators.
- Earlier this month, SXL discussed the construction of storage tanks at the 800-acre site of the former refinery when announcing it was moving forward with its $2.5B Mariner East 2 pipeline project.
Sunoco Logistics to build 2.4M barrels of NGL storage in Philadelphia
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Symbol | Last Price | % Chg |
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SXL | - | - |
Sunoco Logistics Partners, L.P. |