Magellan Midstream Partners LP reported Thursday that it may extend its refined petroleum pipeline system from Fort Smith, Ark., to Little Rock, Ark.
The new line, if built, would transport gasoline, diesel and jet fuel, the company reported. Tulsa-based Magellan has distribution terminals in both Fort Smith and Little Rock, but the latter is supplied by a third-party pipeline,
Magellan is determining the cost involved and hopes to complete its review by midsummer. The pipeline would range from 10 to 12 inches in diameter and be capable of moving 50,000 to 75,000 barrels per day, the company said.
Magellan owns and operates a 9,600-mile refined petroleum pipeline system with 49 terminals nationwide. The Tulsa firm also has added almost 1,000 miles in crude oil pipelines since 2010.
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