Houston-based Fairway Energy Partners LLC has opened part of its Pierce Junction crude oil storage facility, the only independent salt dome crude oil storage terminal in the Houston area.
The project aims to serve the “significant growth” of pipeline-delivered crude oil into and through the Houston market, according to a release. It was first announced in 2015 after the company raised funds from Virginia-based private equity firm FBR & Co.
The Pierce Junction project converted three underground…
Houston oil storage facility is up and running syndicated post