Tesoro Corporation.

AuthorAnderson, Tasha
PositionInside Alaska Business

Tesoro Corporation and Tesoro Logistics LP (TLLP) announced that subsidiaries of Tesoro executed a $444 million agreement for the sale of storage and terminalling assets in Alaska to TLLP. Assets which closed July 1 include storage: crude oil, feedstock and refined product storage tanks with combined capacity of approximately 3.5 million barrels in Kenai, Alaska, with connectivity with TLLP's Tesoro Alaska Pipeline and Nikiski Products Terminal and Tesoro's Kenai Refinery. Assets to close later include terminals: refined product terminals in Anchorage and Fairbanks with combined storage capacity...

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