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Latest market news

Ferndale refinery unloads first Bakken train

  • Market: Crude oil, Oil products, Petroleum transportation
  • 21/11/14

Phillips 66 received the first unit train of Bakken produced oil earlier this week at its new crude-by-rail facility at its 96,000 b/d refinery in Ferndale, Washington.

The 30,000 b/d rail unloading site is designed to unload 54 cars simultaneously.

Midstream companies and refiners see Washington state as a growing market for discounted North American crudes and a possible gateway to reach California. All Washington state refiners, including Shell and Tesoro, have invested in rail facilities, and three midstream firms have announced plans to unload crude and transload barrels to ships out of the Port of Grays Harbor.

Rail projects in California have faced community pushback and regulatory delays. Phillips 66's Ferndale refinery has waterborne loading and unloading facilities.

ik/tdf

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