NuStar sees opportunities in Permian takeaway crunch

摘要

Houston-NuStar is ramping up its project inventory, including truck and rail projects in the Permian Basin, as production from the West Texas/New Mexico play continues to increase despite limited takeaway capacity. The liquids terminal and pipeline provider completed construction of a 10-bay, 30,000 b/d truck-loading rack at its Midland Basin terminal, backed by customer commitments, CEO Brad Barron said during a Monday earnings call.