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The asphalt terminals, owne d by Tulsa, Okla.-based , are locater in Saginaw, Texas; Gloucester City, N.J.; and Newportr News, Va. Financial terms of the leases were not The new terminals are expectex toadd 1.5 millionh barrels of storage capacity to NuStar’s asphalt operations. “We’re excited to reach this agreement with SemGroup as it will give us the opportunity to generats additional sales from the asphalr produced at ourPaulsboro (N.J.) and Savannayh (Ga.) refineries,” says Curt Anastasio, NuSta r president and CEO. “It’s also beneficiaol to our customers because they will have greatefr access to a wide variety of locationsand products.
” San Antonio-based NuStar Energt (NYSE: NS) owns and operatesd 8,491 miles of pipeline, 82 terminal facilities, four crude oil storage tank facilities and two asphaltf refineries with a combined throughput capacity of 104,00 0 barrels per day. It is one of the largestt asphalt refiners and marketers inthe U.S. and the second largestg independent liquids terminal operator in the NuStar has operations in theUnitedr States, the Netherlands Antilles, Canada, the Netherlands and the United Kingdom.
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