Pennsylvania Commonwealth Court Rules in Favor of Sunoco Pipeline and Mariner East 2 Project
Sunoco Logistics Partners L.P. (NYSE: SXL) issued the following
statement regarding today’s Commonwealth Court decision:
Today, the Pennsylvania Commonwealth Court decisively affirmed a lower
court decision that Sunoco Pipeline L.P. (Sunoco Pipeline) is a public
utility corporation, as determined by the Pennsylvania Public Utility
Commission, and that the company’s Mariner East 2 project provides a
public service to Pennsylvanians.
The court further ruled that Sunoco Pipeline has the right to exercise
the power of eminent domain, as authorized by Pennsylvania law. The
Court's decision reaffirms every decision by lower courts across
Pennsylvania as to Sunoco Pipeline’s status as a public utility
corporation. The issue has been previously decided by lower courts
stretching from Southwest through South Central to Southeast
Pennsylvania.
Although this case confirmed Sunoco Pipeline's public utility status, we
have always worked with landowners to reach mutually acceptable
agreements, and pursued legal proceedings only in those instances where
an agreement could not be reached. We believe negotiation is better than
litigation, and that landowners receive more favorable terms and
compensation as a result of easements that are negotiated rather than
litigated.
About Sunoco Logistics
Sunoco Logistics Partners L.P. (NYSE: SXL), headquartered in Newtown
Square, Pennsylvania, is a master limited partnership that owns and
operates a logistics business consisting of a geographically diverse
portfolio of integrated pipeline, terminalling and acquisition and
marketing assets which are used to facilitate the purchase and sale of
crude oil, natural gas liquids and refined products. Sunoco Pipeline
L.P. is a wholly-owned subsidiary of SXL. SXL’s general partner is a
consolidated subsidiary of Energy Transfer Partners, L.P. (NYSE: ETP).
View source version on businesswire.com: http://www.businesswire.com/news/home/20160714006382/en/
Copyright Business Wire 2016
Source: Business Wire
(July 14, 2016 - 5:15 PM EDT)
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