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Tesoro to add ethanol blending in Utah, Idaho

| January 6, 2011

In Texas, Tesoro filed documents with the Securities and Exchange Commission (SEC) giving further detail on its plan to spin off pipeline and terminal properties into a Master Limited Partnership. The move should help Tesoro monetize some of its logistics assets and sets up a couple of pathways to future growth.

Tesoro intends to add ethanol blending capabilities to its cites in Salt Lake City, Utah, and Boise and Burley, Idaho. It is considering a project to provide transmix unloading and jet fuel loading services at the Los Angeles terminal.

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