Sunoco Logistics Partners L.P. Announces Binding Open Season for Eaglebine Express Pipeline
PHILADELPHIA--(BUSINESS WIRE)-- Sunoco Logistics Partners L.P. (NYS: SXL) today announced that Sunoco Pipeline L.P. will commence a binding Open Season for the Eaglebine Express pipeline. The pipeline will provide takeaway capacity for the growing production of the Eaglebine and Woodbine crude areas to Nederland, Texas, including Sunoco Logistics's Nederland Terminal.
Sunoco Logistics will convert a portion of its existing refined products MagTex pipeline into crude service and reverse the flow of the pipeline from Hearne, Texas to the Nederland, Texas area as part of the Eaglebine Express pipeline.
The Eaglebine Express pipeline is anticipated to have initial capacity to transport approximately 60,000 barrels per day to Nederland, Texas. The pipeline is expected to be operational in the middle of 2014.
The Open Season will commence on May 14, 2013. The Notice of Open Season will be available on the Sunoco Logistics website at www.sunocologistics.com/eaglebineexpress.
More information about the Open Season is available by contacting:
ABOUT SUNOCO LOGISTICS
Sunoco Logistics Partners L.P. (NYS: SXL) , headquartered in Philadelphia, is a master limited partnership that owns and operates a logistics business consisting of a geographically diverse portfolio of complementary crude oil & refined product pipeline, terminalling, and acquisition & marketing assets. SXL's general partner is owned by Energy Transfer Partners, L.P. (NYS: ETP) .
Sunoco Logistics Partners L.P.
Peter Gvazdauskas (investors), 215-977-6322
Joseph McGinn (media), 215-977-3237
KEYWORDS: United States North America Pennsylvania Texas
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