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Magellan Midstream Partners to build condensate splitter at Corpus Christi

11:18 PM MDT | March 31, 2014 | Natasha Alperowicz

Magellan Midstream Partners announced on Monday that it plans to construct a condensate splitter at its Corpus Christi, TX terminal under a fee-based, take-or-pay agreement with Trafigura AG. The project also includes construction of more than 1 million bbl of storage, dock improvements and two additional truck rack bays at Magellan’s terminal as well as pipeline connectivity between Magellan’s terminal and Trafigura AG’s nearby facility.   Magellan says it expects the condensate splitter and related infrastructure to cost approximately...

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