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Permian Basin Oil and Gas Magazine

PBOG is the Official Publication of the Permian Basin Petroleum Association and is published monthly by Zachry Publications, LP.

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Magellan Midstream to construct terminal in Midland

May 9, 2019 by Bailey LeRoux

Tulsa-based Magellan Midstream Partners said in its first-quarter earnings report May 1 that it will construct a $30 million refined products storage and distribution terminal in Midland.  Construction is expected to begin immediately, and operations are expected to begin in mid-2020.  The new terminal will connect to the company’s refined products pipeline system that transports to Abilene, El Paso, Odessa and New Mexico.  It will have about 400,000 barrels of storage capacity for ultra-low sulfur diesel fuel.  Magellan also is expanding its pipeline system to accommodate increasing demand for gasoline and diesel fuel in the region.

Filed Under: News, News Reviews, PBOG Newsletter

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