The initial assets expected to be a part of Tesoro Logistics comprises Tesoro Corp’s crude oil gathering system in the Bakken Shale/Williston Basin area of North Dakota and Montana, eight refined products terminals in the Midwest and western U.S., a crude oil and refined products storage facility, and five related short-haul pipelines in Utah. However, San Antonio, Texas-based Tesoro Corp. will continue to own petroleum refineries and its network of convenience stores.
Thursday, April 14, 2011
Tesoro Logistics LP: Initial Public Offering
Link here.
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