Husky Energy completes 600,000 barrels of new Hardisty crude storage

Thu Feb 12, 2015 12:26pm EST
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CALGARY, Alberta Feb 12 (Reuters) - Husky Energy said on Thursday it completed and brought into service two new 300,000-barrel crude oil storage tanks in the marketing hub of Hardisty, Alberta, in January.

Husky's Chief Operating Officer Rob Peabody said the new tanks expand Husky's blending capacity of Western Canada Select heavy blend crude.

"As important, they increase our flexibility to hold more product in storage through this low and volatile price cycle," he added, speaking on a fourth-quarter earnings call. (Reporting by Nia Williams; Editing by Bernard Orr)