Tesoro Savage Vancouver Power Distribution Terminal
Tesoro Refining & Advertising Company LLC, a subsidiary of Tesoro Corporation, and Savage Corporations have entered into a joint enterprise to develop and operate a brand new 360,000 barrel-per-day(bpd) crude-by-rail importing and marine oil well depth loading facility at the Port of Vancouver, Washington. The Tesoro-Savage Joint Venture will own the crude importing and marine loading amenities and can enter into a land lease agreement with the Port for an oil well depth preliminary interval of ten years. Savage will oversee and handle the design, construction and operation of the power on the Joint Enterprise’s behalf. The power is expected to be operational in 2014 and will symbolize an approximate funding of $seventy five to $100 million.
The ability’s principal purpose is to provide North American crude oil to U.S. petroleum refinery products refineries to offset or replace declining Alaska North Slope crude reserves, California crude production, and more expensive international crude-oil imports. The crude oil handled by and shipped by the ability will largely offset different sources of crude oil utilized by U.S. refineries that choose to source a portion of their crude by way of the ability. In accordance with present oil well depth federal law, crude oil extracted within the United States typically can’t be exported to international international locations.
Tesoro Savage Petroleum Terminal LLC
6340 South 3000 East, Suite 600
Salt Lake Metropolis, UT 84121
Common 360,000 barrels of crude oil per day by rail
Inside the Port of Vancouver, Washington
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For information or questions regarding this application please contact:
Sonia Bumpus, EFSEC Siting Specialist/Undertaking Manager
Energy Facility Site Evaluation Council
PO Field 43172
Olympia, WA 98504-3172
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Essential Note: Public comments submitted to the Council through the internet or in writing change into public records beneath the Washington State Public Information Act (RCW forty two.17). Information included in the comment such as the commenter’s e-mail and mailing tackle becomes a public file as soon as it’s supplied to EFSEC and may be topic to public inspection and copying if not protected by federal or state regulation.