Canadian Pacific Railway (CP-T) USD Partners LP has begun expansion work at one of Canada's largest crude-by-rail loading terminals, which will boost capacity at the facility by 50 per cent and be completed by year end.
The expansion at Hardisty, AB., will increase loading capacity to three 120-car unit trains per day, or about 225,000 barrels, to meet strong demand from both producers and refinery customers amid pipeline bottlenecks, said USD Group spokesman Jim Albertson.
The group operates a network of oil and fuel loading, unloading and storage terminals across North America. "We have started the process of expanding the (Hardisty) terminal by the equivalent of one train a day. That is planned to be, by the year end, in commission," he said on Friday, declining to say how much the expansion would cost. Mr. Albertson said that partner Gibson Energy (GEI-T_ will be ready to flow higher volumes of oil to the facility by year-end and that Canadian Pacific Railway is also on board, though the shift to three trains per day will not be immediate. "The ramp-up will be very gradual in the first quarter (of 2019)," said Mr. Albertson. |
