Sunoco buys Mobil terminal in NY

Sunoco Logistics Partners LP, Philadelphia PA, has completed the purchase of a 50 percent interest in a refined products terminal in Syracuse NY from Mobil Pipe Line Co, an affiliate of Exxon Mobil Corp. Total terminal storage is approximately 550 thousand barrels (23.1 million gallons), according to a company news release.

Sunoco Logistics Partners is a master limited partnership formed to acquire, own, and operate refined product and crude oil pipelines and terminal facilities, including those of Sunoco Inc, according to company information.