NuStar Energy LP (NS:US) 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.
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