MPLX is a diversified, growth-oriented master limited partnership
formed in 2012 by Marathon Petroleum Corporation (MPC) to own, operate, develop
and acquire midstream energy infrastructure assets. MPLX is engaged in the gathering,
processing and transportation of natural gas; the gathering, transportation, fractionation,
storage and marketing of NGLs; and the transportation, storage and distribution
of crude oil and refined petroleum products through a marine fleet and approximately
10,000 miles of crude oil and light product pipelines.
Headquartered in Findlay,
Ohio, MPLX's assets consist of a network of crude oil and products pipelines and
supporting assets, including storage facilities (tank farms) located in the Midwest
and Gulf Coast regions of the United States; 62 light-product terminals with approximately
24 million barrels of storage capacity; an inland marine business; storage caverns
with approximately 2.8 million barrels of storage capacity; a barge dock facility
with approximately 78,000 barrels per day of crude oil and product throughput capacity;
and gathering and processing assets that include approximately 5.9 billion cubic
feet per day of gathering capacity, 8.7 billion cubic feet per day of natural gas
processing capacity and 610,000 barrels per day of fractionation capacity. In addition,
MPLX provides fuels distribution services to MPC and owns refining logistics assets
consisting of tanks with storage capacity of approximately 56 million barrels as
well as refinery docks, loading racks and associated piping.
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