Reuters: Martin Midstream in talks to sell its Corpus Christi oil terminal

• Martin Midstream Partners (MMLP +2.2%) is in the process of selling its Corpus Christi, Tex., crude oil terminal, and interested buyers have offered $80M-$100M for the facility, Reuters reports.
• It is not known which companies are in the lead to buy the terminal, but P-E backed NorthStar Midstream reportedly is among the bidders.
• The terminal has 900K barrels of storage capacity, with loading and unloading capabilities for barges, vessels and trucks, as well as pipeline access.