Wednesday, December 11, 2013

Tesoro Updates West Coast Railport Plans

According to a Reuters report out today, Tesoro Corp is expecting rail unloading capacity for Bakken crude at refineries on the West Coast to increase by more than 300% through 2015. The expected increase from 218,000 bpd to 910,000 bpd includes Tesoro's $100 million railport project which the company is building at the Port of Vancouver in Washington state. The company says it is seeking a state permit that would allow handling of up to 380,000 barrels per day of crude at the facility, which is expected to be online by late 2014 or early 2015. More

No comments: