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Calumet Specialty Products expands crude logistics network

  • Calumet Specialty Products (CLMT) signs a 15-year deal with TexStar Midstream Logistics to build, own and operate a 30K bbl/day crude oil pipeline system to supply at least 10K bbl/day of Eagle Ford crude oil to CLMT's San Antonio, Tex., refinery.
  • CLMT expects to significantly reduce its cost to transport crude oil to the San Antonio refinery, where it currently receives crude oil deliveries by truck, as a result of the agreement.
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