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13 Jan
15:45

Magellan Midstream, TransCanada set to build HoustonLink

Nine months after their joint venture pipeline was announced, crude oil/petroleum products transporter Magellan Midstream Partners and Canadian pipeline giant TransCanada on Wednesday said they are moving forward with HoustonLink. The proposed $50 million pipeline will connect TransCanada's Houston (Texas) tank terminal to Magellan's East Houston terminal. HoustonLink Pipeline Co., the company owned 50/50 by Magellan and TransCanada, will construct, o…
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