Torq Energy Logistics
Operating six transloading terminals in key energy regions in Alberta and Saskatchewan , Torq Energy Logistics is excellently positioned for growth in a favorable market .
Canada has experienced a nearly 29 percent increase in the production of crude oil between 2008 and 2013 . This massive increase in product has allowed for substantial growth in the crudeby-rail ( CBR ) industry , with Torq Energy Logistics leading the way in transportation solutions . Established in 2011 , Torq Transloading is a division of Torq Energy Logistics
( Torq ) that provides “ fully-integrated crude handling and transportation service from the well site to the rail car .”
While Canadian demand for CBR services skyrockets , Torq is adopting a policy of rapid expansion to corner the market as quickly and safely as possible . To help facilitate those plans for expansion , Kohlberg Kravis Roberts & Co . ( KKR ) invested C $ 250 million in Torq with the goal to focus “ on accretive acquisitions and new opportunities to further integrate the upstream and downstream aspects of the energy supply chain with the addition of complementary energy products
80 October 2014