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07/09/17 4:20 PM

#103 RE: Cjbrowne #102

Magellan, Plains launch BridgeTex open season, consider capacity expansion

Magellan Midstream Partners (NYSE:MMP) and Plains All American Pipeline (NYSE:PAA) say they are considering another capacity expansion of the BridgeTex crude pipeline connecting Permian Basin production to the Gulf Coast.

The operators, which launched an open season yesterday to assess customer interest in the additional proposed capacity, just completed an increase in BridgeTex's capacity to 400K bbl/day from 300K.