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8/26/2013
Genesis Energy L.P. today announced it completed engineering work, filed all necessary permits and executed necessary railroad agreements for a new crude oil unit-train unloading facility in Raceland, La.The company now is preparing to begin construction on the more than $70 million facility, which will be 20 miles southeast of St. James refineries and designed to unload two unit trains of crude per day. To be operational by second-quarter 2014, the facility will have joint access to BNSF Railway Co. and Union Pacific Railroad, facilitating direct hauls via both Class Is from multiple origination points."The Raceland Rail Facility will initially be connected to existing midstream infrastructure that will provide direct pipeline access to both St. James- and Baton Rouge-area refineries," Genesis Energy officials said in a press release. "In addition, [we're] in discussions to build pipeline infrastructure for the rail barrels to move south, ultimately providing access to existing infrastructure at Clovelly, La., and connectivity, via existing pipelines, to the vast majority of refineries in southeastern Louisiana."