Bloomberg News

NuStar May Triple Oil Rail Shipments to New Jersey Refinery

By Aaron Clark and Dan Murtaugh
May 03, 2012

NuStar Energy LP (NS) may more than triple rail shipments of oil to its 74,000-barrel-a-day Paulsboro asphalt refinery in ew Jersey within a year.

The company, based in San Antonio, is transporting about 7,500 barrels a day into the plant, Chief Executive Officer Curtis Anastasio said in an interview yesterday. The amount will rise to between 20,000 and 30,000 barrels a day in a year, he said.

The grade of oil is heavy western Canadian, he said.

To contact the reporters on this story: Aaron Clark in New York at aclark27@bloomberg.net; Dan Murtaugh in Houston at dmurtaugh@bloomberg.net

To contact the editor responsible for this story: Dan Stets at dstets@bloomberg.net

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