Genesis Energy To Expand Upper Texas Coast Footprint

摘要

Genesis Energy plans to expand its crude oil pipeline and terminal capabilities on the upper Texas Coast and to expand its refinery services operating footprint with a new sour gas processing facility by year-end. The company has bought three above-ground storage tanks with 230,000 bbls of capacity in Texas City that will be refurbished and converted into crude oil capable tanks. It also acquired a barge dock at the same location and intends to build a truck station, tankage and possible pipeline interconnects at West Columbia to provide incremental transportation service for Eagle Ford and other Texas production through its system to refining markets in the Houston and Texas City areas as well as markets accessible via barge from the Texas City terminal.