MARKE T ISSUES
number one and two carriers, are happy to capitalize on the urgent demand for transport solutions. While just a few short years ago CN was moving no crude, today it’s supporting Bakken development with fast and scalable transportation to desirable destination markets in eastern and western Canada, the U.S. Midwest and the Gulf Coast. CN’s truck-to-rail transload locations in Willmar, Bienfait and Woodnorth are within 30 miles of most Saskatchewan Bakken production, and are open to anyone. In October 2012, CN signed a memorandum of understanding with Tundra Energy Marketing Limited to construct a crude oil rail car loading terminal near Cromer, Man., to meet the needs of Bakken crude oil producers in Manitoba and Saskatchewan. Jean-Jacques Ruest, CN executive vicepresident and chief marketing officer, says, “Working closely with companies such as Tundra Energy Marketing is making the transportation of crude oil one of CN’s
Unaffected by the looming capacity crunch and political and environmental obstacles that plague pipelines, rail is an increasingly attractive solution. fastest-growing businesses. We expect to move more than 30,000 carloads of crude oil in 2012, and we believe we have the scope to double this crude oil business next year.” CP is also dedicated to servicing the Bakken formation, calling it a key area of focus
3 Clean Equipment “Hot” (no disassembly)
3 Non-Abrasive 3 Non-Toxic 3 Non-Conductive
and part of the railway’s growing energy portfolio. CP has demonstrated its ability to deliver crude oil by rail in North Dakota, where volumes of rail shipments grew from roughly 500 carloads in 2009 to more than 13,000 carloads in 2011, and are expected to grow to 70,000 annual carloads in the future. Transferring lessons from their North Dakota operations, CP is increasing volumes of crude oil movement by rail out of the Saskatchewan Bakken through a new transload facility, operated by Bulk Plus Logistics in Estevan. This is in addition to railcar loads already moving out of the Dollard transload facility, located on the Great Western Railway Ltd., a short line partner of CP. CP is also investing more than $90 million to enhance capacity on its U.S. main line south of Saskatchewan, through North Dakota and into Minnesota to handle anticipated increased Bakken crude shipments. This includes upgraded track and sidings.
3 No Secondary Residue 3 Effectively Cleans Hard-to-Reach Areas 3 Environmentally Responsible 3 Effective Year-Round
BEFORE
(not weather dependent)
industrial
HEAV Y DUT Y RESTORATION
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Regina: 306.565.3395 • Yorkton: 306.620.6632 • mediusindustrial.ca SASK ATCHEWAN OIL & GAS SHOW 2013
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