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Last updated on April 18, 2014 at 8:42 EDT

Murex LLC and Cetane Energy, LLC Announce Further Improvements to Carlsbad Transload Facility

May 8, 2013

DALLAS, May 8, 2013 /PRNewswire/ — Murex LLC (Murex) and Cetane Energy, LLC (Cetane) are pleased to announce additional improvements and an expansion of the existing Cetane crude oil transloading facility in Carlsbad, New Mexico. The capital improvement project will consist of a rail expansion to load unit trains of crude oil, additional rail car loading stations, and a long term crude oil gathering system from local producers.

Over the past year, Murex and Cetane have added 40,000 barrels of crude oil storage, 12 tanker truck unloading stations, and additional custody transfer meters at the Carlsbad facility. The current capital improvement project also calls for an additional 20,000 feet of track to be laid by August of 2013, which will allow for the loading of 110-car unit trains.

“We have worked closely with BNSF Railway, and the Southwest Railroad to ensure that our rail facility will be absolutely state of the art. We have made significant improvements over the past year and look forward to the commencement of unit train service at Cetane,” said Robert Wright, President of Murex LLC.

“We look forward to working with Murex and Cetane to provide unit train service out of the Permian Basin,” said Dave Garin, BNSF group vice president, industrial products. “Today, rail is providing a more flexible, long-term, and economical option to ship crude oil to destination markets throughout the East, West and Gulf coasts, and along the Mississippi River.”

Shortly after completing the rail expansion, Murex looks to further expand the Cetane facility. Murex is working with Frontier Energy Services, LLC, a premier, full-service midstream crude oil and natural gas asset development company headquartered in Tulsa, Oklahoma to build gathering infrastructure for delivery of crude oil into the terminal from local producers. More information on Frontier is available at www.frontierenergyllc.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.

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.

SOURCE Murex LLC


Source: PR Newswire