The company currently has the ability to bring in approximately 5,000 barrels per day (BPD) by rail on a manifest basis. And through a manifest rail expansion, NuStar will have the ability to expand to bring in 10,000 BPD as Bakken production increases throughout the summer and producers demand additional market outlets.
NuStar’s long-term strategy is to develop a Unit Train facility to ship inland domestic crude oil as well as Canadian crude oil. In fact, it is already working to secure commitments from various producers and marketers, and finalize rail loading locations so that it can start up the Unit Train in 2011.
NuStar Energy L.P. is a publicly traded, limited partnership based in San Antonio, with 8,417 miles of crude oil and refined product pipelines; 82 terminal facilities that store and distribute crude oil, refined products and specialty liquids; four crude oil storage tank facilities; and two asphalt refineries with a combined throughput capacity of 104,000 barrels per day. The partnership’s combined system has over 91 million barrels of storage capacity. One of the largest asphalt refiners and marketers in the U.S. and the second largest independent liquids terminal operator in the nation, NuStar has operations in the United States, the Netherlands Antilles, Canada, Mexico, the Netherlands and the United Kingdom. For more information, visit NuStar Energy L.P.’s Web site at www.nustarenergy.com.