7 million primarily due to increased refined pipeline shipments, revenues attributable to UNEV, annual tariff increases and an increase of $1.
3 million primarily due to increased refined pipeline shipments, revenues attributable to UNEV and annual tariff increases partially offset by the effects of a $5.
Petroleum company Holly Energy Partners LP (NYSE:HEP) reported on Thursday the completion of the acquisition of HollyFrontier Corporation's (NYSE:HFC) 75% interest in UNEV
Pipeline LLC for a purchase price of USD315m, subject to certain post-closing purchase price adjustments.
US petroleum refiner HollyFrontier Corp (NYSE:HFC) has closed the sale of its 75% stake in UNEV
Pipeline LLC to petroleum and crude oil transportation company Holly Energy Partners LP (NYSE:HEP) for USD315m (EUR258.
currently owns a refined products pipeline stretching from Woods Cross, the state of Utah, to Las Vegas, Nevada.
US petroleum refiner HollyFrontier Corporation (NYSE:HFC) said its board had given the thumbs-up to the planned sale of a 75% stake in UNEV
Pipeline LLC to pipeline operator Holly Energy Partners LP (NYSE:HEP) for USD315m (EUR250.
expects mechanical completion of the pipeline in early 2011 with service to begin later in 2011.
Pipeline will be a common carrier system that will offer refiners in the Salt Lake City area, as well as shippers into Salt Lake City on the Pioneer Pipeline, the ability to transport refined products to Las Vegas and the fast-growing areas of southwest Utah.
6) Such amounts have been recast as if UNEV
had been under our control at December 31, 2011.
In addition, the Partnership owns a 25% interest in SLC Pipeline LLC, a 95-mile intrastate pipeline system serving refineries in the Salt Lake City, Utah area and a 75% interest in UNEV
NYSE:HEP) ("Holly Energy") today announced that they have completed the acquisition of HollyFrontier's 75% interest in UNEV
Pipeline, LLC ("UNEV
") by Holly Energy for $315 million, subject to certain post-closing purchase price adjustments.
The 399-mile UNEV
pipeline will carry petroleum products between Woods Cross, Utah and Las Vegas, Nevada.