Magellan Midstream to build condensate splitter

Pipeline operator Magellan Midstream Partners LP, Tulsa, reported it will spend $250 million to build a 50,000 b/d capacity condensate splitter and other facilities at its Corpus Christi, Tex., terminal, which serves the Eagle Ford shale.

The splitter construction is supported by a long-term commitment from Trafigura AG. Magellan said it could construct an additional 50,000-b/d capacity splitter at the site if demand grows.

The Magellan project will include 1 million bbl of storage, dock improvements, and two additional truck-rack bays and pipeline connectivity between Magellan’s terminal and Trafigura’s nearby facility.

The splitter is slated for operation in second-half 2016, Magellan said.