Murex LLC (Murex) and Cetane Energy LLC (Cetane) have completed a unit train expansion project of the existing Cetane crude oil transloading facility in Carlsbad, New Mexico. The completion of the capital improvement project now allows the Cetane facility to load unit trains of up to 120 rail cars of crude oil.
Over the past year, Murex and Cetane have 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 their first unit train of crude oil on December 18, 2013. 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.
Murex LLC, headquartered in Addison, Texas, is a leading marketer and distributor of crude oil, domestic ethanol, export ethanol, renewable identification numbers (RINs), and other gasoline blendstocks to major oil companies and regional refiners. More information on Murex is available at www.murexltd.com.
Cetane Energy, LLC, 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. More information on Cetane is available at www.cetaneenergy.com.