Murex crude oil train deal

US petroleum product distributor Murex has entered into an agreement with renewable fuels producer Cetane Energy to expand Cetane’s Carlsbad, New Mexico, facility by adding a crude oil storage tank and a 110-railcar crude oil unit-train transloading facility. The agreement provides Murex with exclusive rights to Cetane’s unit and manifest facilities. “We are pleased to be a partner with Cetane and to be involved with the expansion of their Carlsbad facility,” says Murex. “The new storage capacity and unit-train transloading facility will be an integral part of our crude oil strategy in the future. This facility is ideally located, and provides us with another effective way to get our products to market.” 

www.murexltd.com

www.cetaneenergy.com