Sunoco Logistics Unveils Pipeline For Texas Crude

Law360, New York (June 21, 2012, 5:05 PM EDT) -- Sunoco Logistics Partners LP will embark on a new pipeline project to transport 150,000 barrels of crude oil from the Permian Basin in west Texas to Gulf Coast markets, Sunoco said Wednesday.

The first phase of the pipeline, Permian Express, will move 150,000 barrels each day between Wichita Falls, Texas, and the company's facilities in the Texas Gulf Coast cities of Nederland and Beaumont, according to Sunoco Logistics, a publicly traded partnership that owns and operates oil pipelines as well as storage and transportation buildings....
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