Wednesday, June 13, 2012

Marquis starts transferring crude from Bakken Shale Reserve

Marquis has completed a number of expansions throughout the last year, having recently completed projects in Oklahoma, Wisconsin, Missouri and Illinois.

At the beginning of this month Marquis put into operation its newly built 90,000-barrel terminal, which has the capacity to transfer over 250,000 barrels a week of crude oil from the Bakken Shale Reserve to barges on the Illinois River.

The company has also broken ground on its Hayti, Missouri-based Marquis-Missouri Terminal with a barge loading facility.

When the terminal is up and running in September this year, it will transport Bakken crude from Canada and North Dakota that will eventually be delivered to refineries located on the US Gulf Coast.

It will be able to handle over 300,000 barrels of oil a week, with a storage capacity of 390,000 barrels.

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