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DIAMOND SHAMROCK ANNOUNCES NEW TERMINAL AND PIPELINE CONSTRUCTION

 SAN ANTONIO, Texas, July 26 /PRNewswire/ -- Diamond Shamrock today announced plans to build a refined products terminal at Colorado Springs and to extend to Denver its 10-inch refined products pipeline now under construction from the Texas Panhandle to the Colorado Springs area. The site for the new terminal is located approximately 3.5 miles southeast of Colorado Springs in El Paso County, Colorado.
 The company will begin construction of the Colorado Springs terminal in late summer, with completion expected in the spring of 1994.
 Last year the company announced plans to build a 254-mile, 10-inch refined products pipeline from its its McKee refinery in the Texas Panhandle to the Colorado Springs area. To date, approximately 84 miles of the pipeline is in the ground. Completion of this pipeline, including the extension to Denver, is expected by year-end.
 Diamond Shamrock Senior Vice President Bob Mehall says that the pipeline and terminal will enable the company to deliver its growing requirement of gasoline, diesel fuel, and jet fuel to the Colorado Front Range area.
 Diamond Shamrock, Inc., with annual sales of $2.6 billion, is a regional refiner and marketer of petroleum products. The San Antonio- based corporation has two Texas refineries, markets gasoline through approximately 2,000 Diamond Shamrock branded outlets, manufactures and markets petrochemicals, and stores and markets natural gas liquids.
 -0- 7/26/93
 /CONTACT: Peggy Mayfield of Diamond Shamrock, 210-641-8644/
 (DRM)


CO: Diamond Shamrock, Inc. ST: Texas, Colorado IN: OIL SU:

LG -- NY077 -- 5760 07/26/93 14:15 EDT
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Publication:PR Newswire
Date:Jul 26, 1993
Words:252
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