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Magellan Midstream Pegs $850 Million Capex for Projects Under Way in 2016

Magellan Midstream Partners LP (NYSE:MMP) (Tulsa, Oklahoma) expects capital expenditures for projects under way this year to be $850 million. This includes a newly…

Construction | Condensate Splitter | Magellan Midstream | Corpus Christi | Crude Oil | Project Engineering

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Wed Aug 03 2016

Magellan Midstream Pegs $850 Million Capex for Projects Under Way in 2016

Magellan Midstream Partners LP (NYSE:MMP) (Tulsa, Oklahoma) expects capital expenditures for projects under way this year to be $850 million. This includes a newly announced marine terminal along the Houston Ship Channel in Texas, and a soon-to-be completed condensate splitter in Corpus Christi. The planned 1 million-barrel refined products and ethanol storage facility in Pasadena, Texas, has a $335 »