Sunoco Logistics Partners L.P. Announces Binding Open Season For Project Permian Longview And Louisiana Extension
Sunoco Logistics Partners L.P. (NYSE: SXL) today announced that SunVit Pipeline LLC, Sunoco Pipeline L.P., and ExxonMobil Pipeline Companywill commence a binding Open Season for project Permian Longview and Louisiana Extension. The project is being developed to deliver crude oil from West Texas to destinations in East Texas as well as both northern and southern Louisiana.
The project is anticipated to have initial capacity to transport approximately 100,000 barrels per day. The Permian Longview and Louisiana Extension project is scheduled to be operational in the second half of 2016.
The project will provide West Texas producers access to markets and refiners along the pipeline’s route with a crude oil supply solution for West Texas Sour and West Texas Intermediate crude.
The Open Season will commence on August 7, 2014. Subject to the terms of the Open Season, incentive rates 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 http://www.sunocologistics.com/PELA/.
More information about the Open Season is available by contacting:
Director, Business Development
ABOUT SUNOCO LOGISTICS
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 crude oil, refined product and natural gas liquids pipeline, terminalling, and acquisition and marketing assets which are used to facilitate the purchase and sale of crude oil, refined products, and natural gas liquids. SXL’s general partner is a consolidated subsidiary of Energy Transfer Partners, L.P. (NYSE: ETP). For more information, visit the Sunoco Logistics Partners L.P. web site at www.sunocologistics.com.
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