“We are proud to announce the opening of the St. James Rail Terminal,” said Mike Day, U.S. Development Group vice president of development. “The St. James Rail Terminal brings a new business model to the St. James light sweet crude market.”
The terminal brings rail connectivity to the St. James crude/condensate logistics hub. U.S. Development Group anticipates that it will help to optimize the Louisiana crude market by giving producers dependable access to a dynamic trading hub and providing refiners access to a steady supply of high-quality crude.
Served by the Union Pacific Railroad, U.S. Development Group’s St. James terminal has an initial capacity of 65,000 barrels a day and is capable of handling both manifest and unit train shipments from a variety of oil-producing areas in the U.S. and Canada. Connected via pipeline to an adjacent state-of-the-art crude oil/condensate storage terminal operated by Plains All American Pipeline, L.P., the facility consists of several miles of rail track and a fully automated 26-spot rail rack. A grand opening event for the St. James Rail Terminal is planned for Thursday, October 21.
