The deal covers the receipt, storage and delivery of gasoline, ethanol and diesel fuel using tanks with an aggregate capacity of approximately 2.17 million bbl at its Cape Canaveral, Port Manatee, Port Everglades South (S.E. 14th Ave – Fort Lauderdale and Eisenhower – Fort Lauderdale) and Tampa terminals (Dock St. and Port Ave.).

Founded and headquartered in Atlanta, Ga., since 1996, Metroplex Energy is a wholly owned subsidiary of RaceTrac Petroleum Inc. responsible for purchasing, transporting and storing bulk fuels primarily to be distributed to RaceTrac and RaceWay stores across the southeastern United States.

TLP and Metroplex had previously entered into an agreement relating to the tanks Metroplex will use at TLP’s Tampa terminal.

By fall of 2015, TLP expects to complete improvements at its Port Manatee terminal that are required for that terminal to store and deliver gasoline products there.

Metroplex said that the Port Manatee terminal is currently focused on diesel storage, but Metroplex intends to repurpose the facility to include gasoline, ethanol and diesel storage for rack business.

“We are pleased to expand our existing relationship with Metroplex to our Cape Canaveral, Port Manatee and Port Everglades South terminals,” said Chuck Dunlap, CEO of TLP.

The tanks related to this new agreement were previously used by NGL Energy Partners LP (NGL) under the Florida-Midwest Terminaling Services Agreement between TLP and NGL.

Simultaneous with the entry into the Metroplex agreement, TLP and NGL amended the Florida-Midwest Terminaling Services Agreement between them to terminate the obligations of NGL relating to the tanks that Metroplex will now use.

TLP’s management expects that the new agreement will generate approximately the same annual revenue as the NGL agreement generated with respect to those tanks.