Sunoco Provides Brief Update on Mariner East/West Pipelines

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Sunoco Logistics is in the midst of spending over $1 billion on two pipelines to carry ethane (and propane) from the Marcellus/Utica region to markets where it can be processed and sold. One of those pipelines is the Mariner West pipeline, currently in testing and due to go online this month, which carries ethane all the way to Sarnia, Canada. The other is Mariner East which will carry first ethane and then propane to the Marcus Hook refinery in Philadelphia. Mariner East will go online in stages beginning in 2014. Both pipelines are extremely important to the Marcellus/Utica region. We have a brief update on both projects from Mike Hennigan, President and CEO of Sunoco Logistics, as delivered yesterday on an analyst phone call reviewing the company's third quarter numbers...

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