USD Partners has entered into a three month rail-to-truck Terminalling Services Agreement with a new, third party customer at the Partnership’s Stroud, Oklahoma terminal. The short-term agreement includes take-or-pay provisions with a minimum volume commitment. The customer is entering into the agreement as a trial period to test the Stroud Terminal as a destination for its waxy crude oil production out of the Uinta Basin. If the testing period is successful, it is expected that a longer-term TSA could be executed with the customer.
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