Investor Presentaiton
Expanded Footprint of Strategic Terminal Assets
Over 25 mmbbl of total terminal capacity at strategically situated North American hubs
Hardisty
Edmonton
Acquisition
Ingleside
EXPANDING CORE TERMINALS FOOTPRINT
+
+
GIBSON
ENERGY
13.5 mmbbl
■ Leading market position in the heart of
the strategic Hardisty footprint
■ Touches 1 in 4 barrels in the WCSB
Exclusive access to the only unit train
rail terminal at Hardisty through USD
joint venture
■ Diluent Recovery Unit ("DRU") with
50 kbbl/d inlet capacity
Potential for additional DRU phases
Inclusive of three 435 kbbl tanks currently under construction.
Per RBN; second largest facility based on 2022A volumes.
3.0 mmbbl (1)
Strategically situated with respect to
major egress pipelines (Enbridge and
Trans Mountain Pipeline) and major
refineries (Imperial and Suncor)
Three tanks under construction
(1.3 mmbbl) including two new tanks
sanctioned in May 2023 with Cenovus
Energy
(3)
8.6 mmbbl
■ Second-largest U.S. crude oil export
terminal by capacity (1 mmbbl/d)(2)
■ One of only two Texas Gulf Coast crude
export terminals with VLCC capabilities
Up to 2.7 mmbbl/d of pipeline
connectivity to the Permian basin (3)
Opportunity to increase storage capacity
and/or throughput
Assumes completion of the connector between STGT and the Cactus II Pipeline which is currently
in progress.
(1)
6
(2)View entire presentation