Murex and Cetane Energy Complete Expansion At Carlsbad, New Mexico, Transloading Rail Facility
Headquartered in Addison, Texas, Murex is a marketer and distributor of crude oil, domestic ethanol, export ethanol, renewable identification numbers, and other gasoline blendstocks to major oil companies and regional refiners. Cetane Energy, located in Carlsbad, New Mexico, is dedicated to producing renewable energy solutions, and the distribution of conventional energy, limiting U.S. dependency on foreign oil and creating an economy that can sustain its own energy needs.
As a result of the expansion project, the two companies added 40,000 barrels of crude oil storage capacity, 12 tanker truck offload stations capable of unloading trucks in under 30 minutes, custody transfer units throughout the facility and over 18,000 feet of rail track to allow for the loading of unit trains. The facility shipped its first unit train of crude oil on December 18. Future expansions will include pipeline gathering infrastructure for delivery of crude oil into the terminal directly from local producers, as well as additional storage capacity.
"Murex and Cetane have worked closely with the BNSF Railway and the Southwest Railroad to complete this capital project. The improvements to the facility will allow for efficient unit train movements to the U.S. West, East and Gulf Coasts. We believe this facility now offers a unique, long-term, and economical takeaway opportunity for crude oil from the Permian Basin. We look forward to continued growth and development of the facility," said Robert Wright, President of Murex LLC.
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