Plains All American to build new $125 million crude oil rail facilities
9 August 2012Plains All American Pipeline (PAA), a US-based crude oil and refined products supplier, is investing approximately $125 million to construct two new crude oil rail facilities in Tampa, Colorado and Yorktown, Virginia.
Located about 50 miles north-east of Denver, the new Tamps facility will receive crude oil through truck and pipeline. The facility will transfer the received oil to load unit and manifest trains at a rate of up to 68,000 barrels per day.
The new Tamps facility will boost crude oil production in DJ Basin. The facility is expected to be in service in the third quarter of 2013. The rail transportation for the unit will be provided by Burlington Northern and Santa Fe Railway Company (BNSF).
The second crude oil facility is being developed at PAA's existing multi-product terminal in Yorktown. The facility will have a receiving unit, which will then transport oil to the trains at a rate of up to 130,000 barrels per day.
The Yorkshire scheme involves modification of the existing dock and related infrastructure, in order to make it suitable for loading barges and ocean-going vessels at higher rates and fortify it with capabilities to handle multiple products. The facility is scheduled to come online in the first half of 2013. CSX Corporation will provide the rail transportation for the facility.
