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Zenith Energy US Acquires Three Interconnected West Coast Terminals from Plains All American Pipeline
Tuesday 20 October 2020

Houston, US-based midstream company Zenith Energy US, L.P. has acquired three Los Angeles area interconnected terminals from Plains All American Pipeline to enhance terminal and pipeline infrastructure in greater Los Angeles and connectivity throughout the West Coast, the company said.

Terms of the transaction were not disclosed.

This acquisition demonstrates Zenith's commitment to expanding its portfolio of high-quality, safe and reliable energy storage solutions to meet the growing need of customers in key markets across the country.

The Terminals have an aggregate storage capacity of 8.2m barrels and are connected to deep water docks and Line 2000, Line 63 and the M70 pipeline systems from Northern California as well as the refining and biorefining systems in southern California.

Zenith Energy is a midstream company that owns and operates over 32 m barrels of renewable fuels, crude oil, petroleum products, chemicals and vegetable oil storage across North American, Europe and Latin America through its subsidiaries Zenith International and Zenith US.
Date Published: 20/10/2020