Magellan says 2015 throughput on Bridgetex crude pipeline around 200,000 bpd
Magellan Midstream Partners LP said on Thursday that it expects to ship some 200,000 barrels per day (bpd) of crude through its Bridgetex pipeline in 2015, similar to levels in the fourth quarter.
Magellan also said that crude oil shipments overall will increase by around 10 percent in 2015, driven by an increase in volumes on its Longhorn pipeline, executives told analysts on a fourth-quarter earnings call.
Meanwhile, it has continued discussions with a potential equity partner on its Saddlehorn pipeline and said that there was a possibility it would have less than a 50 percent stake.
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