February 13, 2015 [Reuters] - Husky Energy said on Thursday it completed and brought into service two new 300,000-barrel crude oil storage tanks in the marketing hub of Hardisty, Alberta, in January.
Husky’s Chief Operating Officer Rob Peabody said the new tanks expand Husky’s blending capacity of Western Canada Select heavy blend crude.
“As important, they increase our flexibility to hold more product in storage through this low and volatile price cycle,” he added, speaking on a fourth-quarter earnings call.