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    Global Partners inks agreement with Meadowlark Midstream

    Global Partners LP

    Global Partners LP (NYSE: GLP) has entered into an agreement with Meadowlark Midstream Co. LLC, whereby Meadowlark will build, own, and operate new a crude oil transportation system.

    When completed, the system will include a truck unloading station with 55,000 barrels of tankage on Meadowlark’s Divide Gathering System, as well as a 47-mile pipeline serving Global’s crude oil storage facility at Basin Transload’s Columbus rail loading terminal in Burke County, North Dakota.

    Crude oil delivered to this rail terminal has single line haul rail access to Global’s Albany, New York, terminal and can also access other rail-serviced terminals throughout the US. The project is expected to be operational by the second quarter of 2015.

    In connection with this agreement, Global has begun construction of an additional 176,000 barrels of tankage at the Columbus facility, which will bring total capacity to 446,000 barrels.

     

     

     

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