Gibson has announced two new 400,000 bbl tanks at the Company’s Edmonton Terminal which are expected to be in service in 2Q18. This will take Gibsons’ total available storage capacity to 1.7 million barrels at Edmonton. Gibsons has also suggested its Logistics segment should see a modest improvement in 3Q16e. However, its Wholesale segment has been adversely impacted by adverse weather conditions, which means there will not be a material q/q improvement in 3Q16e. We have notched d
07 Sep 2016
Announces 0.8 mmbbl of New Storage at Edmonton
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Announces 0.8 mmbbl of New Storage at Edmonton
Gibson Energy Inc. (GEI:TSE) | 0 0 1.5% | Mkt Cap: 2,392m
- Published:
07 Sep 2016 -
Author:
Ian B. Gillies -
Pages:
4
Gibson has announced two new 400,000 bbl tanks at the Company’s Edmonton Terminal which are expected to be in service in 2Q18. This will take Gibsons’ total available storage capacity to 1.7 million barrels at Edmonton. Gibsons has also suggested its Logistics segment should see a modest improvement in 3Q16e. However, its Wholesale segment has been adversely impacted by adverse weather conditions, which means there will not be a material q/q improvement in 3Q16e. We have notched d