Sunoco Logistics Partners L.P. (NYSE: SXL) today announced that Sunoco Pipeline L.P. and Inland Corporation will commence a binding Open Season for the Allegheny Access Pipeline project, which will transport refined products from the Midwest to eastern Ohio and western Pennsylvania markets.
Allegheny Access Pipeline is expected to have an initial capacity to deliver 85,000 barrels per day with the ability to scale up to 110,000 barrels per day. The project will use a combination of new and existing assets. The Allegheny Access Pipeline is scheduled to be operational in the first half of 2014.
“The Allegheny Access Pipeline will give refiners and marketers in the Midwest convenient and cost-effective access to eastern Ohio and western Pennsylvania markets, including Pittsburgh,” said Michael J. Hennigan, Sunoco Logistics’ president and chief executive officer. “This project will enable a steady and direct supply of gasoline and diesel fuel to consumers in Pittsburgh and the surrounding communities.”
The Open Season will commence on July 19, 2012 and will end August 20, 2012. Subject to the terms of the Open Season, a foundation rate will be available to shippers making long-term volume commitments during the Open Season. The Notice of Open Season will be available on the Sunoco Logistics website at www.sunocologistics.com/aaccess.
More information about this Open Season is available by contacting:
Sunoco Logistics Partners L.P. (NYSE: SXL), headquartered in Philadelphia, is a master limited partnership that owns and operates a logistics business consisting of a geographically diverse portfolio of complementary pipeline, terminalling and crude oil acquisition and marketing assets. The Refined Products Pipelines consist of approximately 2,500 miles of refined products pipelines located in the northeast, midwest and southwest United States, and equity interests in four refined products pipelines. The Crude Oil Pipelines consist of approximately 5,400 miles of crude oil pipelines, located principally in Oklahoma and Texas. The Terminal Facilities consist of approximately 42 million shell barrels of refined products and crude oil terminal capacity (including approximately 22 million shell barrels of capacity at the Nederland Terminal on the Gulf Coast of Texas and approximately 5 million shell barrels of capacity at the Eagle Point terminal on the banks of the Delaware River in New Jersey). The Crude Oil Acquisition and Marketing business involves the acquisition and marketing of crude oil and is principally conducted in Oklahoma and Texas and consists of approximately 200 crude oil transport trucks and approximately 120 crude oil truck unloading facilities.
Inland Corporation is a company engaged in the transportation of refined products in the state of Ohio. The company is the owner of 350 miles of active refined products pipelines. The pipelines connect multiple refineries in Ohio to terminals and major markets in Ohio. An affiliate of Sunoco Logistics Partners L.P. operates the pipelines on behalf of Inland Corporation and also has an 83.8 percent equity ownership interest.