USD Partners announces second contract extension at Hardisty terminal
Published by Alex Hithersay,
Editorial Assistant
Tanks and Terminals,
USD Partners LP has announced that it has entered into a four-year extension with Cenovus Energy Inc., increasing its previous position from 7% to 25% of the Hardisty terminal’s capacity.
The renewal contains consistent take-or-pay terms with minimum monthly payments and rates that exceed those of the original terminalling services agreement with the customer.
The Hardisty terminal is located in Alberta, Canada.
Read the article online at: https://www.tanksterminals.com/terminals/27092018/usd-partners-announces-second-contract-extension-at-hardisty-terminal/
You might also like
Hydrocarbon Engineering Podcast
Peter Davidson, CEO of the Tank Storage Association (TSA), joins us to discuss the essential role that the tank storage sector has to play in ensuring supply security and resilience, as well as in facilitating the energy transition.
Exolum invests €50 million into Barcelonan airport fuel infrastructure
Exolum has made plans to invest over €50 million in improving storage and distribution infrastructure for aviation fuel at Barcelona-El Prat Airport, Spain.