The system will deliver domestic crude oil and condensate from the Eagle Ford Shale production area transported directly to local refineries through third-party pipeline systems.
The scope of work includes construction of a 6-mile, 24-inch diameter crude oil pipeline between the pipeline interchanges of Genoa Junction and Speed Junction that will connect the 24-inch diameter crude oil pipeline along the Houston Ship Channel.
This pipeline will allow Magellan to further distribute product to the Houston-area refineries.
The project supported by a long-term customer commitment, is expected to be operational by the end of 2012.
In addition, the partnership is also looking at opportunities to provide outbound waterborne capabilities and connections to third-party pipelines that can transport crude oil and condensate to additional markets.
