In the Matter of Magellan Midstream Partners, L.P., and Shell Oil Company
FTC Matter/File Number:
Part 2 Consents
Under terms of a consent order, Magellan completed its acquisition of pipelines and terminals in the Midwestern United States and a refined petroleum products terminal in Oklahoma City that supplies light petroleum products such as gasoline and diesel fuel from the Shell Oil Company. The consent order required Magellan to divest the Shell Oklahoma City terminal to a Commission-approved buyer within six months after the transaction is consummated.
September 29, 2004
PRESS RELEASE - FTC Clears Magellan's $492.4 Million Acquisition of Shell Assets