Feb 16 2010
U.S. Development Group LLC (USDG), a Houston-based developer of logistics and terminal facilities, announced today that construction has begun on its new St. James Rail Terminal, a crude oil and condensate unit train handling and distribution hub located in the Gulf Coast region of Louisiana. The St. James facility is U.S. Development Group’s first crude oil/condensate terminal in a planned nationwide network of such terminals.
“We are delighted to announce our new rail terminal in St. James. It has been developed in partnership with Plains All American Pipeline, L.P. and is strategically located at a major crude/condensate logistics hub with access to both foreign and domestic oil supplies,” said Mike Day, vice president of U.S. Development Group. “The addition of unit rail connectivity will greatly enhance the capabilities of the St. James hub to meet the expectations of major producers and refinery customers.”
Served by the Union Pacific Railroad, the St. James Rail Terminal will be able to handle both manifest and unit train shipments serving various oil producing areas in the U.S and Canada. The facility will have an initial capacity of 65,000 barrels per day. The new terminal will be connected via pipeline to an adjacent state-of-the-art crude oil/condensate storage terminal operated by Plains All American Pipeline. U.S. Development Group’s St. James facility will consist of several miles of rail track and a fully automated 26-spot rail rack, expected to be in full operation by June.
U.S. Development Group companies are engaged in designing, developing, owning and managing large-scale rail logistic centers within the United States. U.S. Development Group is the industry leader in unit rail facility development for ethanol distribution.
Source: http://www.us-dev.com