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    Valero Opens Port Everglades Fuel Terminal

    Project marks the expansion of the oil company's marketing efforts in South Florida.

    PORT EVERGLADES, Fla. -- Valero Energy Corp. held a grand opening and customer appreciation event last week at a new fuel products terminal here that the company said will further enhance Valero’s fuel supplies along Florida’s East Coast.

    The opening of the terminal—owned and operated by Valero’s business partner, Vecenergy—follows the expansion of a similar fuel terminal in West Palm Beach in December 2007. Valero’s involvement in both projects marks the expansion of its marketing efforts in South Florida, according to the oil company.

    The Port Everglades fuel products terminal, which is supplied in part by Valero’s Gulf Coast and East Coast refineries, will serve both branded and unbranded customers for gasoline and diesel products, as well as provide jet fuel to the area. Valero also noted that it sells "recreational" gasoline at the Port Everglades terminal to cater to customers of the marine industry, which prefers conventional gasoline.

    Valero Energy Corp. is a Fortune 500 company based in San Antonio that owns and operates 16 refineries throughout the U.S., Canada and the Caribbean with a combined throughput capacity of approximately 3 million barrels per day. Valero is also one of the nation's largest retail operators with approximately 5,800 retail and branded wholesale outlets in the United States, Canada and the Caribbean under various brand names including Valero, Diamond Shamrock, Shamrock, Ultramar, and Beacon.

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