January 4, 2024 [Storage Terminals Magazine]- U.S. Energy, a leading provider of refined products, alternative fuels, and environmental credits, recently completed its first jet fuel throughput sale at its rail transload facility and refined products bulk plant in northern Las Vegas.
The transaction took place between U.S. Energy and its exclusive jet fuel partner, Strataflex Midstream, an industrial services business specialising in rail logistics and energy-related midstream services. Following the transaction, Strataflex supplied Spirit Airlines with a jet fuel delivery at the Harry Reid International Airport in Las Vegas.
Allison Robinson, the regional supply and trading manager at U.S. Energy, expressed excitement about entering the Las Vegas jet fuel market and providing jet fuel throughput to Strataflex. She highlighted U.S. Energy’s ability to offer tailored solutions and support through their railcar capacity and tankage expansion capabilities.
As a vertically integrated energy solutions provider, U.S. Energy offers more than just a rail transload facility and storage capacity. The company provides services such as fixed forwards, hedging and risk management, CAPEX and project engineering, and pipeline interconnects to address larger-scale financing and infrastructure constraints.
Patrick Dial, the President and CEO of Strataflex, emphasised the collaboration between U.S. Energy, Union Pacific Railroad, and Spirit Airlines in completing the loop between supply partners and the launch customer. He highlighted the positive impact of rail delivery, which offers safer, greener, and more efficient transportation compared to long-haul trucking and other alternatives.
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U.S. Energy is well-positioned to assist airline companies, freight service organisations, and other industries in securing reliable and cost-effective transloading support and refined products supply. While this deal represents their first combined rail transloading and jet fuel agreement, U.S. Energy has jet fuel capabilities at other terminal locations as well.
