U.S. Development Group to expand St. James, La., terminal
Written by jrood
U.S. Development Group LLC, a Houston-based developer of unit train logistics and terminal facilities, is expanding its St. James Rail Terminal, a crude oil and condensate handling and distribution hub in the Gulf Coast region of Louisiana. It is expected to be completed by Q4 2011. The expansion will double the terminal's current capacity to 130,000 barrels, or two unit trains, per day. USDG is actively developing several new origin and destination hub facilities. The company plans to construct five such facilities within the next 18 months in order to extend its crude oil rail network solutions. The expanding USDG network will offer capacity for significantly higher rail volumes of oil and condensate from the Bakken, Eagle Ford, Niobrara and other major production areas into refining and oil distribution centers on the East, Gulf and West coasts of North America. "Since beginning operations in summer 2010, our St. James terminal has experienced strong demand from producers and marketers looking to obtain the best value for their oil. In addition, the St. James Rail Terminal allows our refiner/blender customers to benefit from a steady supply of high-quality sweet crude," said Mike Day, U.S. Development Group vice president.
