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Genesis Energy L.P. yesterday announced plans to build a $150 million crude oil import/export terminal in Baton Rouge, La.To be operational in second-quarter 2015, the Baton Rouge Terminal will be built on 90 acres near the Port of Greater Baton Rouge. The terminal will be connected to ExxonMobil facilities in the area and Genesis Energy’s previously announced Scenic Station unit-train facility.To be completed in the second quarter, Scenic Station will provide shippers a low-cost destination rail facility served by both CN and Kansas City Southern, which "has superb interconnectivity" with Canadian Pacific, Genesis Energy officials said in a press release.“Baton Rouge Terminal … combines our Scenic Station unit-train facility, the deepwater access of the port, a large and flexible storage footprint, and both import/export capability to create an important new integrated terminal for crude oil, as well as intermediate and finished refined products,” said Genesis Energy Chief Executive Officer Grant Sims.
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