Elbow River Marketing Ltd. Announces Exclusive Long-Term Agreement at New Minnesota Propane Terminal
Calgary | Tuesday, July 12, 2022
CALGARY, July 12, 2022 – Elbow River Marketing Ltd. (“Elbow River” or “the Company”) announced that effective July 7, 2022, it has entered into a long-term terminalling services agreement ("the Agreement") with Propane Depot, LLC (“Propane Depot“ or “the Operator”) whereby the Company will have exclusive use of the Operator’s newly constructed propane terminal in Kellogg, MN (“the Terminal”). The Agreement includes the use of over 270 thousand gallons of above ground storage, 24 rail car storage spots, dual truck loading capability and 6 railcar offloading towers. Propane Depot will own and operate the Kellogg terminal in addition to its existing terminals in Barron, WI and Keenan, MN. "We are excited to further expand our existing LPG presence in the United States Midwest" said Joel Zaleschuk, Vice President - LPG for Elbow River. "The company will continue to lever its existing relationships to safely and cost-effectively bring reliable propane supply to the region”. Elbow River will exclusively supply and market propane at all three Propane Depot locations utilizing its existing railcar fleet and expansive market knowledge. All inquiries regarding this or other Elbow River operations should be directed by email to [email protected] or by phone at 403-232-6868
About Elbow River
Calgary-based Elbow River Marketing Ltd. is a leading marketing and transportation service provider that has been serving North America's energy industry for over 35 years. With offices in Minneapolis, Kansas City, Nashville, Dallas and Mexico City, Elbow River manages an integrated system of railcars, trucks and pipelines that transport LPG, crude oil, gasoline, diesel and other energy products derived from natural gas and hydrocarbons. Elbow River's commercial operations allow it to offer a full spectrum of transportation and marketing services to the energy sector. It is committed to working with its partners, community and neighbours, while providing value for investors in a safe, environmentally responsible manner. Elbow River is a wholly owned subsidiary of Parkland Fuel Corporation, Canada’s largest independent fuel marketer. Parkland’s common shares trade on the Toronto stock exchange under PKI.