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CORRECTED-Magellan says acquires Houston-area oil pipeline

Thu, 15th Aug 2013 16:35

(Corrects headline and 1st paragraph to make clear the lineruns from the Genoa Junction in the Houston area to Magellan'sEast Houston terminal, not from the Eagle Ford oil fields toHouston)

Aug 15 (Reuters) - Magellan Midstream Partners LP said on Thursday it acquired a 150,000 barrel per day crude oilpipeline that runs from the Genoa Junction in the Houston areato Magellan's East Houston terminal.

It said crude oil could be either stored at the terminal orshipped further to the reversed Houma-to-Houston pipeline systemoperated by Royal Dutch Shell Plc.

(Reporting by Sabina Zawadzki; Editing by Gerald E. McCormick)

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