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Limetree Bay Terminals Hurricane Maria Update



CHRISTIANSTED, Virgin Islands, Oct. 5, 2017 /PRNewswire/ -- In coordination with the U.S. Coast Guard and local officials, Limetree Bay Terminals, L.L.C. ("Limetree") has resumed commercial operations after the passing of Hurricane Maria. Truck rack loading operations serving local and area fuel suppliers resumed within 24 hours of the hurricane, and vessels commenced shore tank loading and unloading operations shortly thereafter.

In addition, Limetree continues to work in coordination with the Government of the U.S. Virgin Islands, FEMA, and private relief efforts to aid in the delivery and distribution of supplies. Limetree is committed to supporting near term hurricane relief efforts as well as longer-term regional recovery planning and will continue to provide assistance in support of these efforts where possible.

Limetree Bay Terminals, L.L.C. owns and operates a terminal storage and marine facility in St. Croix, U.S. Virgin Islands that consists of 32 million barrels of crude oil and petroleum product storage capacity, a deep-water port with ten ship docks and six dedicated tug boats, a truck rack, and idled refinery units with total peak processing capacity of 650 thousand barrels per day. It is located on approximately 1,500 acres situated along the south shore of St. Croix. Limetree is a joint venture between an affiliate of ArcLight Energy Partners Fund VI, L.P. ("ArcLight") and an affiliate of Freepoint Commodities LLC ("Freepoint").  More information about ArcLight, and a complete list of ArcLight's portfolio companies, can be found at www.arclightcapital.com.  More information about Freepoint can be found at http://www.freepoint.com.

 

SOURCE Limetree Bay Terminals, L.L.C.


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News published on 5 october 2017 at 08:00 and distributed by: