Magellan Midstream Announces Open Season for Potential Crude Oil Distribution Originating from Galena Park, Texas

TULSA, Okla., Dec. 21, 2012 /PRNewswire/ -- Magellan Midstream Partners, L.P. (NYSE: MMP) announced today that it has launched an open season to assess firm customer interest to transport crude oil originating from the partnership's Galena Park, Texas terminal. Interested customers must submit binding commitments by Jan. 21, 2013.

The potential project would include construction of new pipeline infrastructure capable of transporting crude oil from Magellan's Galena Park terminal to the partnership's Houston Gulf Coast crude oil distribution system for delivery to refineries in the Houston and Texas City area.

For customer inquiries regarding the open season, please contact Doug Copley at (918) 574-7708 or doug.copley@magellanlp.com. More information about the open season is available at http://www.magellanlp.com/tariffs.asp.

About Magellan Midstream Partners, L.P.
Magellan Midstream Partners, L.P. (NYSE: MMP) is a publicly traded partnership that primarily transports, stores and distributes petroleum products. The partnership owns the longest refined petroleum products pipeline system in the country, with access to more than 40% of the nation's refining capacity, and can store 80 million barrels of petroleum products such as gasoline, diesel fuel and crude oil. More information is available at www.magellanlp.com.

Portions of this document may constitute forward-looking statements as defined by federal law. Although management believes any such statements are based on reasonable assumptions, there is no assurance that actual outcomes will not be materially different. Additional information about issues that could lead to material changes in performance is contained in the partnership's filings with the Securities and Exchange Commission.

SOURCE Magellan Midstream Partners, L.P.

RELATED LINKS
http://www.magellanlp.com