<News item that DTE already mentioned at Argus Conference. – C Randall >
BP awards coke terminal services contract to Michigan firm
Bowdeya Tweh – email@example.com, (219) 933-3316 | Posted: Wednesday, October 14, 2009
BP Products North America’s Whiting Refinery awarded a multiyear petroleum coke terminal services contract to a subsidiary of an Ann Arbor, Mich.-based energy company.
DTE Coal Services, a division of DTE Energy Co., will unload, store and load all of BP’s petcoke from trucks and rail cars into vessels and barges for delivery to BP’s customers, a company news release said. Information on the length and value of the deal weren’t released. Petcoke is a byproduct of the oil-refining process and can be sold for use in generating power or steelmaking operations.
“The new bottom-dump system that we’ll be building will enable us to meet BP’s unloading requirements, as well as expand our capacity, provide flexibility and improve reliability at our Chicago Fuels Terminal,” said Matt Paul, DTE Coal Services president, in a news release. “We’re excited about this new opportunity and expanding our business with BP.”
Refinery petcoke will increase to about 2.2 million tons per year, from 600,000 tons annually as a result of BP’s $3.8 billion expansion project to process more Canadian crude oil.
DTE Coal Services announced the award Aug. 27. The company does solid fuel, transportation and equipment management services. DTE Coal Services, along with other DTE Energy affiliates, handles more than 50 million tons of coal annually.