October 17, 2017 [Business Wire] - USD Partners LP announced today the successful commencement of operations at its destination terminal in Stroud, Oklahoma on October 1, 2017.
The planned retrofit work necessary to handle heavier grades of crude oil at the terminal was completed on time and under the Partnership’s initial budget.
“We are very proud to have successfully commissioned this project,” said Alexandra Batycky, Associate Director of USD Group LLC and the project leader for the retrofit work on behalf of the Partnership. “Our ability to deliver on time and under budget is a testament to the dedication, collaboration, and execution by the various stakeholders involved including our customer, the railroads and USD.”
The Stroud terminal provides a destination point for rail-to-pipeline shipments of heavy crude oil from the Partnership’s Hardisty terminal in Western Canada and provides connectivity to one of the largest crude oil storage hubs in North America. The direct origin-to-destination rail solution provided by the Partnership’s terminals also preserves the specific quality of product delivered into Cushing, protecting potential value for customers.
Approximately 50% of the Stroud terminal’s current capacity is available and actively being marketed to meet the takeaway needs of current and future customers.
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