19.07.2016. Magellan Midstream Partners plans to build a new high-capacity marine terminal along the Houston Ship Channel in Pasadena, Texas to handle refined petroleum products, including various grades of gasoline and diesel fuel, and renewable fuels.
The new terminal will be built on nearly 200 acres of recently-acquired land.
Supported by a long-term customer commitment, Magellan initially plans to build approximately 1 million barrels of refined products and ethanol storage and a new marine dock capable of handling Panamax-sized ships or barges with up to a 40ft draft.
Magellan is also constructing a 36 ins pipeline between the partnership’s existing Galena Park terminal and the new Pasadena terminal to enhance connectivity and distribution options for both facilities. In addition, Magellan is connecting its existing 18 ins Texas City-to-Pasadena pipeline to the new facility. The partnership is looking at opportunities for additional connections to third party refineries, pipelines and terminals in the Gulf Coast region.
The project is currently estimated to cost some US$335 million, and Magellan expects the terminal to be operational in early 2019.

19th July 2016