Crude on derailed train headed to Fla. terminal, Shell plant

Reuters

NEW YORK, Nov 8 (Reuters) - Crude oil on a 90-car train thatderailed in western Alabama on Friday was bound for a Shellchemicals plant near Mobile via Genesis Energy LP's railoffloading facility in Walnut Hill, Florida, officials andsources said on Friday.

The train that was hauling roughly 65,000 barrels of crudederailed early on Friday morning, bursting into flames hundredsof feet high.

Genesis' 75,000 barrels-per-day (bpd) transshipment facilitywas still able to receive crude on Genesee & Wyoming's Alabama & Gulf Coast Railway in spite of the incident, a topcompany official said.

"Our facilities are still operational and still able toreceive rail cars," Genesis CFO Bob Deere said. "They've routedaround areas where the accident occurred."

The year-old facility is used to transfer crude into thefirm's Jay Pipeline System, which runs to a 80,000-bpd ShellChemical LP plant and other pipelines.

Shell had not yet taken legal possession of the crudeshipment, according to a source familiar with the matter.

During the third quarter, the Jay Pipeline Systemtransported about 40,000 bpd, Deere said. The system comprises100 miles (160 km) of pipeline and approximately 230,000 barrelsof above ground storage, the company said on its website.

Genesis Energy is a midstream energy master limitedpartnership headquartered in Houston, whose assets includepipelines, storage terminals, and trucking operations.

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