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CVR Refining Provides Update on Coffeyville Refinery Operations

Rates still below normal due to Magellan pipeline issues

June 30, 2016 6:00 PM EDT

SUGAR LAND, Texas, June 30, 2016 /PRNewswire/ -- CVR Refining, LP (NYSE: CVRR), a refiner and marketer of petroleum fuels, today announced that Magellan Midstream Partners, L.P. informed the company that its 8-inch refined petroleum products pipeline, which runs from Coffeyville to Kansas City, Kansas, will not return to full service for approximately three more weeks. Temporary measures have been implemented by Magellan to allow CVR Refining's Coffeyville refinery to partially increase rates, but it will continue to operate at reduced rates until the pipeline is fully restored.

About CVR Refining, LPHeadquartered in Sugar Land, Texas, CVR Refining, LP is an independent downstream energy limited partnership that owns refining and related logistics assets in the Midcontinent United States. CVR Refining's subsidiaries operate a complex full coking medium-sour crude oil refinery with a rated capacity of 115,000 barrels per calendar day (bpcd) in Coffeyville, Kansas, and a complex crude oil refinery with a rated capacity of 70,000 bpcd in Wynnewood, Oklahoma. CVR Refining's subsidiaries also operate supporting logistics assets including approximately 336 miles of active owned and leased pipelines, approximately 150 crude oil transports, a network of strategically located crude oil gathering tank farms, and approximately 6.4 million barrels of owned and leased crude oil storage capacity.

For further information, please contact:

Investor Contact: Jay Finks CVR Refining, LP (281) 207-3588[email protected]

Media Relations: Angie DasbachCVR Refining, LP (281) 207-3550 [email protected]

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To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/cvr-refining-provides-update-on-coffeyville-refinery-operations-300292978.html

SOURCE CVR Refining, LP



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