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Sunoco cleared by regulator to resume Mariner East 2 pipeline, fined $12M [Seeking Alpha]

SUNOCO LP (SUN)  More Company Research Source: Seeking Alpha
Last sunoco lp earnings: 5/9 04:30 pm Check Earnings Report
US:NYSE Investor Relations: sunocolp.com/investor-relations/default.aspx
PDF Sunoco cleared by regulator to resume Mariner East 2 pipeline, fined $12MSunoco (NYSE:SUN) agrees to a $12.6M fine related to problems with its Mariner East 2 natural gas pipeline project butwill resume work under a consent agreement, says Pennsylvania's Department of Environmental Protection.The regulator says SUN has "taken steps to ensure the company will conduct the remaining pipeline activities in accordance with the law and permit conditions, and will be allowed to resume," after the project was halted in early January.SUN, a subsidiary of Energy Transfer Partners (NYSE:ETP), says it disagreed with the state's findings but agreed to the deal to avoid litigation and resume construction on the $2.5B project.Click to subscribe to real-time analytics on ETPNow read:Top 10 Dividend Contenders Cast 16-22.5% January Net Gains Per Broker 1-Year Targets » [Read more]

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