QUOTE AND NEWS
Motley Fool  Aug 6  Comment 
The oil and gas midstream company already was spending record amounts on new projects, but it has raised spending even more.
Motley Fool  Jul 15  Comment 
High yields and solid financial foundations are what should attract investors to these two stocks today
The Hindu Business Line  Jun 17  Comment 
States have collected taxes to the tune of Rs 10,000 crore online since the rollout of Transport Mission Mode Project (MMP), which has also automated
The Economic Times  Mar 31  Comment 
The issue, which closes on April 4, will mop up Rs 85 crore on the upper price band. Incidentally, MMPIL's IPO is the largest so far on NSE Emerge.
The Hindu Business Line  Mar 30  Comment 
Old Bridge’s Vantage Equity Fund and Raisonneur Capital have together subscribed to the entire anchor investor portion of MMP Industries Ltd (MMPIL),




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Tulsa, Oklahoma-based Magellan Midstream Partners, L.P. (MMP) is a master limited partnership (MLP) that owns and operates a diversified portfolio of energy infrastructure assets. The partnership primarily transports, stores, and distributes refined petroleum products and, to a lesser extent, ammonia.

Magellan's asset base includes the Magellan Pipeline System (accounted for 86% and 75% of the partnership's 2006 revenue and operating earnings, respectively), Petroleum Products Terminals (12% and 24%, respectively), and the Ammonia Pipeline System (2% and 1%, respectively). The Magellan Pipeline System is an 8,500-mile system, extending from the Gulf Coast refining region of Texas through the Midwest to Colorado, North Dakota, Minnesota, and Illinois, and includes 45 petroleum products terminals and transports refined petroleum products to the mid-continental U.S. In 2006, the partnership's pipeline volumes comprised 53% gasoline, 37% distillates (which include diesel fuels and heating oil) and 10% LPG and aviation fuel. Petroleum Products Terminals includes seven marine terminal facilities located along the Gulf Coast and the New York harbor, and 29 inland terminals located in the southeastern U.S. The 1,100-mile Ammonia Pipeline System extends from Texas and Oklahoma to Minnesota, and caters to the mid-continent region. Magellan's general partner (GP) is owned by private equity investors, Carlyle/Riverstone and Madison Dearborn, through a 2% GP interest.




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