The Brunswick site consists of 160,000 barrels of storage capacity on six acres of property that is leased from the Georgia Port Authority. There is space available within the existing facility to build an additional 150,000 barrels of capacity at the site.
Mike Suder, CEO of Blackwater Midstream, said: “The Brunswick facility acquisition is a key addition to our business. It is strategically located between the crowded Savannah and Jacksonville markets, and will serve our potential customers’ product distribution requirements as a full service terminal storage facility.”
Frank Marrocco, chief commercial officer of Blackwater Midstream, said: “We are extremely excited about expanding the footprint of Blackwater Midstream. This acquisition will allow us the ability to expand our customer relationships into the South Atlantic region and continue diversifying our business portfolio.”
Blackwater Midstream is an operator of bulk liquid storage terminals including a storage terminal facility in the Port of New Orleans in Westwego, Louisiana. The Westwego facility consists of 902,000 barrels of storage capacity capable of storing a variety of chemical and petroleum products, the company said.
