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Magellan Midstream to shut part of Texas refined products line for 2-4 weeks

  • Magellan Midstream Partners (NYSE:MMP) says it expects a 200-mile long stretch of its Magellan South refined products pipeline system in Texas to be shut for 2-4 weeks, as it plans to replace a smaller section of the pipeline that carries gasoline and diesel after it was damaged by flooding.
  • During the outage, MMP says it will provide 40%-50% of its historical delivery volumes into the central and west Texas markets via alternative methods, including trucking.
  • The Magellan South system transports gasoline and diesel fuel from Gulf Coast refineries and storage terminals in the Houston area to Duncan, Okla., and to El Paso, Tex.

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