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Torrance Valley Pipeline Company

Company Summary

Description

TVPC owns the 189-mile San Joaquin Valley Pipeline system with a throughput capacity of approximately 110,000 barrels per day. The system is comprised of the M55, M1 and M70 pipelines which are the primary crude gathering and transportation lines that supply PBF Energy's Torrance refinery. The assets also include 11 pipeline stations with approximately one million barrels of combined storage capacity and truck unloading capability at two of the stations.

Website

http://www.rigzone.com/news/oil_gas/a/146152/PBFX_...

Recent news

Company Transactions

Date: 6/30/2019
Type: Acquisition

DETAILS:

COST: 200 $MM

VOLUMES: 50 Percent

NOTES:
PBF Logistics acquired the remaining 50% interest in Torrance Valley Pipeline Company for roughly $200 million.

Date: 9/15/2016
Type: Acquisition

DETAILS:

COST: 175 $MM

NOTES:
PBF Logistics acquiring 50% interest in Torrance Valley Pipeline Company from a subsidiary of PBF Energy.
REGIONS:
  • West