Washington Crude Railport Project Delayed

Posted by Michelle Howard
Thursday, May 01, 2014

Tesoro Corp's plan for a crude oil rail-to-barge project at the Port of Vancouver in Washington has been delayed as the company awaits state requirements for an environmental impact statement (EIS), Chief Executive Greg Goff told analysts on Thursday.

The estimated cost of the railport also has risen to a range of $150 million to $190 million, from about $100 million, Goff said.

The joint-venture project with Savage Services had been targeted to start up in late 2014 or early 2015. On Thursday, Goff said construction is now expected to begin during that timeframe, with initial inland U.S. crude volumes running through the railport in mid-2015.

The project will be fully completed a year after construction starts, Goff said.

"The primary delay is waiting for the state to come with their EIS requirements," Goff said. "That puts us somewhere between six to eight weeks behind schedule."

Tesoro submitted environmental permit applications for the project in August last year. The permit is seeking approval for a 380,000 barrels-per-day (bpd) facility, but Goff has said actual volumes are expected to hover at 300,000 bpd.

The railport would serve both Tesoro refineries and others along the U.S. West Coast.

The delay comes after a CSX Corp train carrying crude oil derailed and caught fire in Virginia on Wednesday, spilling oil into a river and forcing hundreds to evacuate.

The CSX derailment was the latest in a spate of crude train derailments and crashes since last summer that have raised concerns about the safety of oil trains.

(Reporting by Kristen Hays; Editing by Nick Zieminski)

Maritime Reporter November 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Finance

EGAS Tenders for as many as 48 LNG Cargoes

Egypt's state-owned gas company EGAS has tendered to buy at least 48 cargoes of liquefied natural gas (LNG) for delivery in 2015/16, three traders said. A senior

Cecon Secures Finances to Complete Newbuild

Cecon ASA has petitioned for a debt restructuring agreement (in Norwegian: gjeldsforhandling). Certain funds managed by York Capital Management Global Advisors,

Libyan State Oil Firm NOC Will Remain Independent

Libya's Tripoli-based state firm National Oil Corp (NOC) will remain independent, it said on Thursday, in an apparent attempt to reassure foreign oil buyers it will stay out of the country's conflict.

News

Damen Builds Tug, Dredger for Nicaragua

The Nicaraguan port authority Empresa Portuaria Nacional (EPN) is set to take delivery of two newbuilds from Damen Shipyards Group. Damen built both vessels, a

Benghazi Port Still Closed, Imports Rerouted

The commercial port in Libya's second city, Benghazi, remains closed due to fighting between pro-government and Islamist forces, forcing wheat imports to make a detour via Tobruk harbour,

EGAS Tenders for as many as 48 LNG Cargoes

Egypt's state-owned gas company EGAS has tendered to buy at least 48 cargoes of liquefied natural gas (LNG) for delivery in 2015/16, three traders said. A senior

Barges

Becker Marine Delivers Rudder for Largest Containership

Becker Marine Systems delivers rudder for the largest container ship in the world   At 19,000 TEU, the largest container ship in the world is now picking up speed

Port of Amsterdam to Reward Green Barges

The cleaner the vessels, the larger the discount on Inland Harbour Dues. Port of Amsterdam will be joining the Green Award program for inland barges on January 1,

WCI Applauds Barge Diesel Fuel User Fee Increase

Waterways Council, Inc. (WCI) and its members and stakeholders applauded the Senate’s passage, by a vote of 76 to16, of a 9-cent increase to the barge diesel fuel user fee.

Maritime Safety

USCG on Cuba Policy Changes

The U.S. Coast Guard missions and operations in the Southeast remain unchanged. The Coast Guard strongly discourages attempts to illegally enter the country by taking to the sea.

USCG Says Unaffected by Cuba Policy Changes

The U.S. Coast Guard (USCG) issued a statement today stating that the United States’ Cuba policy change will not impact its missions annd operations. “Coast Guard

Report: Dire Conditions in Indian Shipbreaking Yards

Report by Indian research institute reveals poor enforcement of occupational health and safety provisions   The working and living conditions at the shipbreaking yards of Alang,

Logistics

Benghazi Port Still Closed, Imports Rerouted

The commercial port in Libya's second city, Benghazi, remains closed due to fighting between pro-government and Islamist forces, forcing wheat imports to make a detour via Tobruk harbour,

EGAS Tenders for as many as 48 LNG Cargoes

Egypt's state-owned gas company EGAS has tendered to buy at least 48 cargoes of liquefied natural gas (LNG) for delivery in 2015/16, three traders said. A senior

Nordic Yards Delivers 'Wind Server'

Nordic Yards officially handed over the offshore service vessel to the Danish company DBB Jack-Up Services A/S. During the handover ceremony, the ship was named ‘WIND SERVER’.

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Navigation Offshore Oil Pipelines Port Authority Ship Electronics Ship Repair Ship Simulators Winch
rss | archive | history | articles | privacy | terms and conditions | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1426 sec (7 req/sec)