Magellan Midstream Partners, a US-based acquisition partnership, has announced an $85 million (60 million) investment programme to expand its marine terminals in Wilmington, Delaware, and Marrero, Louisiana, and its inland terminal at Chattanooga, Tennessee.
The Wilmington terminal will receive an extra 800,000 bbl of tank capacity for petrol and ethanol as well as related terminal infrastructure. Marrero will add 500,000 bbl of capacity in five tanks. And Chattanooga will get another 100,000 bbl of storage capacity and a third truck loading bay.
'Backed by long-term commitments, these projects will serve our customers' growing needs for critical energy infrastructure,' Don Wellendorf, Magellan's CEO, comments.