Green Plains and Jefferson Energy load first vessels for export under new JV
In Nebraska, Green Plains Inc. and Jefferson Energy Companies, a subsidiary of Fortress Transportation and Infrastructure Investors LLC announced that their joint venture, JGP Energy Partners, loaded its first vessel with nearly 3 million gallons of ethanol destined for Brazil. The joint venture is currently loading its second shipment of 10 million gallons of ethanol on a vessel bound for India.
The newly constructed $50 million export and import fuels terminal has direct mainline service with the Union Pacific, BNSF and KCS railroads, and can simultaneously receive and unload two ethanol unit trains at high flow rates of 7,000 barrels per hour. The terminal currently features four storage tanks with a working capacity of 550 thousand barrels designed to quickly change between various export grades and domestic specifications. The terminal also includes two truck loading bays that can throughput 20,000 barrels per day, a barge loading dock capable of loading 5,000 barrels per hour on inland and offshore barges, and a vessel dock capable of loading up to 10,000 barrels per hour on Aframax-size chemical tankers and medium range vessels.
Category: Fuels
