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Sunoco Logistics Partners Acquires Excel Pipeline
Friday, September 11, 2009 9:51 AM


(Source: Datamonitor)trackingSunoco Logistics Partners, engaged in the transport and storage of refined products, has acquired Excel Pipeline, the owner of the 52-mile crude oil Excel pipeline, from affiliates of Gary-Williams Energy.

The Excel Pipeline system originates in Duncan, Oklahoma and delivers crude oil to Gary-Williams's Wynnewood, Oklahoma refinery.

The partnership has operated the pipeline for Gary-Williams since 2007. In connection with the transaction, Gary-Williams has entered into a 20-year throughput and deficiency agreement.

Debbie Fretz, president and CEO of Sunoco Logistics Partners, said: "Our crude oil business investment platform has grown significantly over the last few years. The addition of the Excel pipeline will add value to our business and extend our long-term relationship with Gary-Williams."

A service of YellowBrix, Inc.



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