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Kinder Morgan Partners (KMP) and truck and rail operator Watco plan to team with Swiss oil...

Kinder Morgan Partners (KMP) and truck and rail operator Watco plan to team with Swiss oil trader Mercuria to build a 210K bbl/day crude-by-rail terminal in Houston, the latest bet on railcars to ease bottlenecks in U.S. oil markets. The facility will have the capability to handle three large train units/day of crude oil and condensate, plus barge offloading capacity of up to 100K bbl/day.
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