Thursday, August 15, 2013

TORQ Transloading to construct CA$100 million crude-by-rail terminal in Saskatchewan

TORQ Transloading Inc. (TORQ) is planning the development of a large scale unit train, crude-by-rail terminal in Kerrobert, SK, Canada. TORQ is negotiating multiple pipeline connections to accommodate delivery of both light and heavy crudes to the Kerrobert Rail Terminal, which be served by Canadian Pacific.

 

The Kerrobert Rail Terminal is engineered to handle two, 120-car unit trains per day and is expected to cost CA$100 million (US$97 million). The terminal is also being designed to handle truck delivered volumes. It has been designed to accept inbound, rail back-hauled condensate and is expected to commence operations in Q3 2014.

TORQ CEO Jarrett Zielinski said, "In the location selection process for the Kerrobert Rail Terminal, we took the scale-at-hub approach. We feel that Kerrobert is strategic in that it allows maximum diversity and flexibility for crude-by-rail out of western Canada. It is as far south and east geographically in Canada that allows us to not only access vast amounts of pipeline delivered crude oil, but also it allows us to access significant quantities of heavy, undiluted crudes in the Lloydminster-Kerrobert corridor."

TORQ is a privately-held midstream oilfield service provider that currently operates six crude-by-rail transload terminals across Alberta and Saskatchewan. TORQ operates on behalf of Canadian Pacific at Tilley, AB, and Lloydminster, SK, and for Canadian National at Whitecourt, AB. TORQ has operations in the Shaunavon, SK, Unity, SK, and Bromhead, SK, areas.

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