Shale oil shipments boost Albany

Sep 20 2013

A second tanker is expected to join Tsakos’ MR ‘Afrodite’ in lifting shale crude oil from the Albany (New York) to the Irving Oil refinery in St John, New Brunswick, in coming weeks, according to local US reports.

Albany Port general manager Richard Hendrick reportedly said that the arrival of the additional vessel would mean an oil tanker would depart from Albany every four days. The tankers will load up at the Buckeye Partners terminal.

The growing production of shale crude from North Dakota's Bakken oil field has boosted employment at Buckeye and at another terminal at the port operated by Global Partners. Global has used barges to ship oil to refineries along the US East Coast from its Albany facilities.

Canadian Pacific Railway and CSX Transportation both deliver Bakken crude to Albany for transfer to ships, or barges.

The two terminals together are able to handle nearly 66.7 mill barrels of oil per year, according to permits issued by the US State Department of Environmental Conservation, a local newspaper said.

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