COMPETITION WATCH: Trimac nets contract to haul NGLs for Provident Energy
CALGARY, Alta. — Trimac Transportation has entered into a new contract to haul a “significant” new volume of NGLs (Natural Gas Liquids) on behalf of Provident Energy in northeastern B.C., the company announced.
Trimac has an existing relationship with Provident that dates back to August 2003. The hauling will be operated out of Trimac’s Dawson Creek, B.C. facility and is expected to commence in the second quarter of 2012 and run through to March 2014.
“The addition of the new hauling for Provident further solidifies Trimac’s presence in British Columbia. I am pleased to announce this new opportunity with a company that is as well-established and respected as Provident,” said Ed Malysa, Trimac’s President and COO. “This opportunity will strengthen our capabilities to service our oil and gas customers in northeastern British Columbia.”
The contract is expected to generate $16 million in revenue over the term of the contract.
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