Not put off by today’s challenging oil prices, Delek Logistics Partners recently entered into joint ventures with two other companies to develop two new pipeline projects—the RIO Pipeline and the Caddo Pipeline.
Uzi Yemin, chairman and CEO of Delek Logistics’ general partner, said, “These joint ventures mark our first development projects and should create additional growth for the partnership. In addition, these crude oil pipelines will improve our ability to serve Delek US, which will participate as a shipper in both projects, as well as increasing our ability to provide logistics services to third parties.”
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