Marathon Petroleum Corp (MPC)

[Timothy Smith]

MPC will fund US$975m (37.5%) of the US$2.6bn cost of Sandpiper and receive a 27% interest in the project.

As well as an additional 10% interest in the 300kb/d ENB/Southern Access Extension pipeline from Flanagan, IL to Patoka, IL.

MPC already owns 25% of Southern Access Extension.