Marathon, Harvest sign letter of intent to develop oil transportation infracture on Ohio River
Marathon Petroleum Corporation and Harvest Pipeline Company on Tuesday announced a letter of intent between the companies to jointly develop infrastructure on the Ohio River to allow transport of hydrocarbon liquids produced from the Utica Shale. The project is anticipated to include a truck unloading facility and a barge loading terminal in Wellsville, WV, that will enable liquid hydrocarbons produced in the region to be shipped to Marathon’s refinery in Catlettsburg, KY. The improvements are expected to be finished in late 2013. Marathon also recently completed an expansion of its unloading facilities at its Canton, OH, refinery. The State Journal has more.