Crestwood Building Rail-to-Truck NGL Terminal in Orange County, NY

Crestwood concept drawing for rail terminal in Orange County, NY – click for larger version

As MDN was reading through the latest quarterly/full year 2016 update for Crestwood Equity Partners (formerly known as Crestwood Midstream), we discovered something fairly innocuous, but in our book, a big deal. Crestwood said the company is “developing a greenfield rail-to-truck NGL terminal in Montgomery, NY that will increase propane supply reliability across the Northeast markets. The terminal, which is expected to be placed into service in the summer of 2017, will be supported by product controlled by Crestwood from multiple producers in the Marcellus and Utica regions.” What?! How did that one slip by? Crestwood is in the process of building, and will open, a terminal to distribute propane–in Orange County, NY (not far from New York City). This is good news indeed–and we wonder how and why the antis haven’t been bleating about this project, the way they have been about Crestwood’s long-delayed propane storage facility along the shoreline of Seneca Lake (near Watkins Glen). No matter–we’ll take our small victories where and when we can get them. Disappointingly Crestwood makes no mention of the Finger Lakes LPG storage facility in their update. But the Marcellus does get a few mentions. Below are what we gleaned from the latest update on Crestwood’s Marcellus operations, along with more background on the forthcoming propane terminal in Orange County…

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