Tuesday, February 5, 2013

Another Crude-by-Rail Terminal in Louisiana

Link here to Oil & Gas Journal.

Two announcements in this story: a) a new pipeline; and, b) a new crude-by-rail terminal:
The company also plans to build a crude oil unit train terminal at the Baton Rouge Maryland site. At Port Hudson, Genesis will build 200,000 bbl of storage, complementing its 216,000 bbl of existing capacity, and improve its barge dock and truck station.
Another indication that CBR is here to stay for quite some time. 

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