Genesis Energy plans to invest about US$125m to improve existing assets and develop new infrastructure in Louisiana to connect into Exxon Mobil’s Baton Rouge refinery, one of the largest refinery complexes in North America with more than 500,000 bbl/d of refining capacity.
Genesis will improve its existing terminal at Port Hudson, Louisiana and build a new crude oil pipeline connecting Port Hudson to the Maryland Terminal and continuing downstream to the Anchorage Tank Farm. The company also plans to build a new crude oil unit train facility at the Baton Rouge Maryland Terminal. At Port Hudson, Genesis will construct approximately 200,000 barrels of storage capacity to complement its 216,000 barrels of
existing tank capacity and make improvements to its existing barge dock and truck station. The new pipeline will have an ultimate capacity of about 350,000 bbl/d, and in addition to its connection to the ExxonMobil Baton Rouge Refinery, the pipeline will have potential access to other local refineries representing approximately 140,000 bbl/d.
Project construction is scheduled to begin in early 2013. The Port Hudson upgrades and new crude oil pipeline are expected to be completed by the end of 2013 and the Maryland Terminal completion is scheduled for the second quarter of 2014.