Genesis Energy will expand its rail terminal in Natchez, Miss., and construct a new unit train loading facility in Wyoming in the Powder River Basin of the Niobrara shale play.
At the Natchez terminal, designed to handle straight and minimally diluted bitumen delivered by Canadian National Railway, Genesis is finalizing the first phase of the facility, which includes 40 railcar spots, scheduled for completion in June 2013. Genesis is also progressing with the second phase of the expansion, which includes an extra 60 railcar spots and additional heated tanks, expected to be operational in late 2013.
Genesis has also begun construction on the Pronghorn Rail Facility, a new unit train loading facility in Converse County, along the Orin Subdivision, north of Douglas, Wyo., which will be jointly served by BNSF Railway and Union Pacific Railroad. The facility will be tied into Genesis’s existing gathering system in the region and is expected to be fully operational in late 2013.
The total cost to Genesis of the Natchez Phase II and Pronghorn Rail Facility projects is expected to be about $75 million.