Ethanol Blog
Todd Neeley DTN Staff Reporter

Wednesday 10/07/09

Oklahoma Company Picked to Develop Fla. Fuel Storage Project

A Broward County, Fla. panel Tuesday picked an Oklahoma-based Magellan Midstream Partners to develop and operate a fuel storage project at Port Everglades, the South Florida Sun-Sentinel in Fort Lauderdale said, reversing a months-old decision that had made Magellan the runner-up on the project.

The contract snag delayed Broward's push to turn Port Everglades into an ethanol hub at a time when Florida has mandated all gasoline contain 10 percent ethanol by 2010.

Magellan, known for work on petroleum pipelines and terminals, plans to invest at least $80 million at Port Everglades to tear down former molasses tanks and build larger storage to handle gas, diesel and ethanol.

One county commissioner said he changed his mind Tuesday because of concerns about a picture that Cepemar had presented with its proposal.

(South Florida Sun-Sentinel, Oct. 6, 2009)

(http://www.sun-sentinel.com/…)

DTN: Earlier this week the Sun-Sentinel reported that an attorney for Magellan was threatening a civil suit against Broward County if the company wasn't selected for the project. (Todd Neeley)

Posted at 10:20AM CDT 10/07/09 by Todd Neeley
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