NuStar May Triple Oil Rail Shipments to New Jersey Refinery

NuStar Energy LP (NS) may more than triple rail shipments of oil to its 74,000-barrel-a-day Paulsboro asphalt refinery in ew Jersey within a year.

The company, based in San Antonio, is transporting about 7,500 barrels a day into the plant, Chief Executive Officer Curtis Anastasio said in an interview yesterday. The amount will rise to between 20,000 and 30,000 barrels a day in a year, he said.

The grade of oil is heavy western Canadian, he said.

To contact the reporters on this story: Aaron Clark in New York at aclark27@bloomberg.net; Dan Murtaugh in Houston at dmurtaugh@bloomberg.net

To contact the editor responsible for this story: Dan Stets at dstets@bloomberg.net

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