The company’s 70,000 barrel per day double-loop track at Delaware City is fully operational. Initial discharge rates indicate that this facility is capable of operating above its nameplate capacity of 70,000 barrels per day.The Board of Directors approved the recently announced expansion project to double the company’s heavy crude unloading capability to 80,000 barrels per day by the fourth quarter of this year. Upon completion, PBF Energy will be able to deliver more than 150,000 barrels per day of crude-by-rail directly into the Delaware City refinery.
PBF Energy Reports 2012 Fourth Quarter And Full Year Results, Announces Board Approval For Rail Expansion Project, Declares Fourth Quarter 2012 Dividend Of $0.30 Per Share And Provides Other Updates
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