Gibson Energy plans to add 2 MMBO of storage over the next few years
Gibson Energy (ticker: GEI) has received committed shipper support to proceed with the construction of 2 additional crude oil storage tanks at the Hardisty storage hub. The two tanks will have a combined capacity of 900 MBO, with one tank holding 0.5 MMBO and the other holding 0.4 MMBO. The 0.5 MMBO storage tank is backed by a long-term agreement with Teck Resources Limited (ticker: TCK), according to a press release.

The two storage tankers announced today are expected to...

Legal Notice