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Tundra adds storage capacity to Cromer terminal
17 August 2012

In Canada, crude oil company Tundra Energy Marketing is increasing capacity at its 70,000-barrel oil storage terminal in Cromer, Manitoba with the addition of 410,000 barrels.

The expansion includes the construction of two 205,000 barrel storage tanks, for which site preparation is currently underway. Building work is expected to continue for around 15 months, with both tanks due to be operational by the end of 2013.

Tundra Energy Marketing president Bryan Lankester described the project as a 'major investment'. He was quoted as saying: 'We are pleased to have received regulatory and board approval to proceed... It [the added tankage] will provide us with enormous flexibility during times of volatile oil price behaviour. It will allow us to manage in a variety of supply-demand environments.'