Jefferson Energy, Aramco Trading Americas Execute Agreement for Bi-Directional Flow on Jefferson Southern Star Pipeline; Will Provide Access from Marketlink Pipeline to Jefferson Energy's Beaumont Terminal
SOSouthern Company(SO) GlobeNewswire News Room·2024-06-14 04:15

NEW YORK, June 13, 2024 (GLOBE NEWSWIRE) -- FTAI Infrastructure Inc. (NASDAQ: FIP) (the “Company” or “FTAI Infrastructure”) today announced that a subsidiary in its Jefferson Terminal segment (“Jefferson Energy”) has executed a multi-year terminal services agreement with Aramco Trading Americas LLC. The agreement includes the future receipt of new crude oil volumes at Jefferson Energy’s Main Terminal in Beaumont, Texas by the addition of bi-directional flow capability to the 14-mile, 24” Jefferson Southern ...