Torq Energy Logistics canada educated on the dangers of hydrogen sulfide gas , how to prevent exposure and proper response in the event of an accident .
Torq ’ s niche lies in the transport of heavy crude oil such as that produced in the Canadian oil sands . Light crude is relatively easy to ship by pipeline and there have been a good deal of developments to fill that demand . Heavy crude however must be diluted with condensate so that it is light enough to flow through pipelines . Once it reaches its destination , the condensate must be removed at considerable cost . Shipping crude by rail however removes the necessity for condensate .
“ Not only are we able to maintain the integrity of the raw product , we can also remove the condensate from the supply chain completely ,” Zielinski said , according to Energy & Mining International .
He also said to Oilweek , “ My view is that light crude should move by pipeline and heavy crude should move by rail .”
Since its start in 2011 , Torq has expanded from a small trucking firm with only 25 employees and a transport capacity of about 600 barrels of crude per day , to a major energy logistics company that is capable of moving over 45,000 barrels of crude per day ; a rate that is expected to more the double in 2014 . Now with the investment from KKR , there ’ s no telling what ’ s next for this visionary company .
Company Information
Industry
Oil & Gas Transport
headquarters
Alberta Canada
founded
2011
employees
400 +
www . torqenergy . com 85