Sunoco Logistics to Proceed With Project to Transport West Texas Crude Oil to Gulf Coast Markets
Sunoco Logistics Partners L.P. (NYSE: SXL) announced today that it has received enough binding commitments to enable Permian Express Phase I, a project to transport West Texas crude oil to Gulf Coast markets, to proceed. Although sufficient commitments have been received for this project to move forward, the binding open season continues and will close on September 6, 2012.
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