V-Tex Logistics, LLC, a subsidiary of Valero Energy, has signed an agreement with Magellan Midstream Partners to jointly build an approximately 135-mile, 16-inch products pipeline from Houston to Hearne, TX. In addition, Valero will separately build a terminal in Hearne, a terminal in Williamson County, TX, and an approximately 70-mile, 12-inch pipeline connecting the two terminals. Valero’s expected cost for the projects is $380 million with targeted completion in mid-2019. Construction of these pipelines and terminals will provide a reliable fuel supply alternative for the fast-growing Central Texas marketplace. The new pipelines and terminals are expected to supply up to 60,000 barrels per day into Williamson County.