Sunoco Logistics Partners L.P. (NYSE: SXL – News) announced today that it has signed a definitive agreement to purchase a 50% interest in a refined products terminal located in Syracuse, New York from Mobil Pipe Line Company, an affiliate of Exxon Mobil Corporation. Total terminal storage is approximately 550 thousand barrels. The transaction is subject to purchase rights held by an existing owner and normal conditions to closing for assets of this nature. Closing is expected to occur within the next 60 days.
