NS Profile
NuStar Energy L.P., headquartered in San Antonio, Texas, operates as a prominent player in the petroleum products industry, serving both domestic and international markets. The company's core activities encompass terminalling, storage, and marketing of petroleum products, alongside the transportation of petroleum products and anhydrous ammonia. NuStar Energy operates through three primary segments: Pipeline, Storage, and Fuels Marketing.
The Pipeline segment forms a critical component of NuStar Energy's operations, facilitating the transportation of refined products, crude oil, and anhydrous ammonia across key regions. This segment's extensive pipeline network spans 3,205 miles of refined product pipelines and 2,230 miles of crude oil pipelines, primarily covering Texas, Oklahoma, Kansas, Colorado, and New Mexico. Additionally, the companymanages a 2,050-mile refined product pipeline from southern Kansas to Jamestown, North Dakota, and a 450-mile pipeline from Mandan, North Dakota, to Minneapolis, Minnesota.
In the Storage segment, NuStar Energy owns and operates 29 terminal and storage facilities with a combined storage capacity of approximately 44.2 million barrels. These facilities provide crucial storage, handling, and ancillary services for a diverse array of products, including petroleum products, crude oil, specialty chemicals, renewable fuels, and other liquids. The company also offers comprehensive maritime services such as pilotage, tug assistance, emergency response, and ship handling.
NuStar Energy's Fuels Marketing segment engages in bunkering operations along the Gulf Coast, blending activities, and the purchase and resale of petroleum products. This segment enhances the company's market presence and profitability by strategically positioning it within key energy trading and distribution activities. Established in 1999, NuStar Energy L.P. continues to leverage its robust infrastructure and strategic assets to maintain a competitive edge in the dynamic energy sector, driving sustainable growth and delivering value to its stakeholders worldwide.
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