Enterprise to Expand Strategic Fuel Storage With New Facility in Utah
(Reuters) - Pipeline operator Enterprise Products Partners said on Tuesday the second phase of its Texas Western Products (TW) System was now complete with truck loading operations beginning at company's fuel terminal located in Utah.
The Utah facility, featuring a storage capacity of 400,000 bbl for gasoline and diesel, is strategically located to serve markets in both eastern Utah and western Colorado.
It joins three other facilities that began service earlier in 2024, which are located in Gaines County, Texas and the Jal and Albuquerque areas in New Mexico.
Enterprise is converting segments of its natural gas liquids pipeline systems to transport gasoline and diesel, with an aim to lower fuel prices in these areas.
"We believe the TW Products system will increase in importance to this region given the recently announced and potential future refinery closures in the state of California," CEO AJ Teague said in a statement on Tuesday.
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