- 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.
Magellan Midstream to shut part of Texas refined products line for 2-4 weeks
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Symbol | Last Price | % Chg |
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MMP | - | - |
Magellan Midstream Partners, L.P. |