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Diplomacy in Action

Magellan Pipeline Company, L.P.


Date: 10/04/2012 Location: Sumner, Texas Description: A pipeline worker walks the length of a pipe as work continues. Oil has long lived in harmony with farmland and cattle across the Texas landscape, a symbiosis nurtured by generations and built on an unspoken honor code that allowed agriculture to thrive while oil was extracted.  © AP Image/Tony Gutierrez Date: 01/14/2009 Location: Budapest, Hungary Description: Naftogaz did not deliver the gas to Europe, saying Russia's Gazprom demanded it use a route that was technically arduous and would force it to halt supplies to a large swath of its own territory. The politically charged gas dispute has dramatically lowered supplies to Europe and angered the European Union.  © AP Image/Bela Szandelszky Date: 04/26/2012 Location: Lower Saxony, Germany Description: A worker cleans up at Syke during construction of the North European Gas Pipeline (NEL), a weld in a pipe. By the total number of 440-kilometer gas pipeline from Ludmin Mecklenburg Rehden in Lower Saxony to the future, natural gas from Siberia to be sponsored by the laid in the Baltic Nord Stream pipeline to Germany.  © AP Image/Foto: Joerg Sarbach/dapd

Introduction

Magellan Midstream Partners, L. P. (“MMP”) is a publicly traded partnership which primarily transports, stores and distributes refined petroleum products and crude oil. It currently has more than 1,300 employees working in 23 states. Its assets include 83 petroleum products terminals, more than 9,000 miles of refined products pipeline, 800 miles of crude oil pipeline and a 1,100-mile ammonia pipeline system.

Magellan Midstream Partners, L. P. is traded on the New York Stock Exchange under the ticker symbol MMP. Magellan Pipeline Company is a wholly-owned subsidiary of MMP which owns and operates the nation’s longest pipeline for the transportation of refined petroleum products. The more than 9000-mile pipeline, which crosses 14 states and extends from the Gulf Coast throughout the middle part of the United States, can access more than 40 percent of the refinery capacity in the continental U. S.

Under E.O. 13337 the Secretary of State is designated and empowered to receive all applications for Presidential Permits for the construction, connection, operation, or maintenance at the borders of the United States, of facilities for the exportation or importation of liquid petroleum, petroleum products, or other fuels (except natural gas) to or from a foreign country. The Department of State is circulating this application to concerned federal agencies for comment. The Department of State has the responsibility to determine whether issuance of a new or amended Presidential Permit in light of Magellan’s acquisition of the pipeline facilities would be in the U.S. national interest.


-Application for Line 39 - Magellan Pipeline Company, L.P. [Get Acrobat Reader PDF version   ]

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