Marathon Offers Biodiesel Blended Fuel at Kentucky Terminal
HOUSTON, Feb. 6 -- Marathon Oil Corporation (NYSE:MRO) today announced that the company has completed a project adding biodiesel blended fuel at its Kramer's Lane Terminal located in Louisville, Kentucky.
"Marathon is proud to be the first biodiesel storage and distribution terminal in Kentucky to provide in-line blending," said Mary Ellen Peters, Marathon's senior vice president, Marketing. "Biodiesel helps us meet the changing needs of our customers while supporting Kentucky's alternative fuels goals. Our focus continues to be on delivering the quality products our customer's desire. Shipping the first load of biodiesel out of Marathon's terminal fulfills that goal."
The Kentucky Clean Fuels Coalition, the Kentucky Soybean Board and National Clean Cities, Inc. collaborated with Marathon to attract grants that helped enable the installation of the blending infrastructure.
The Company will market B-2 (two percent biodiesel) to B-5 (five percent biodiesel) product from the Kramer's Lane Terminal. Marathon's fully automated in-line blending system is the first of its kind in Kentucky, producing a high-quality blend of biodiesel.
About Marathon
Marathon is the fourth-largest U.S.-based fully integrated international energy company engaged in exploration and production; integrated gas; and refining, marketing and transportation operations. The Company has exploration and production activities in the United States, the United Kingdom, Angola, Canada, Equatorial Guinea, Gabon, Indonesia, Ireland, Libya and Norway. Marathon also is developing integrated gas projects that are linking stranded natural gas resources with key demand areas where domestic production is declining and demand is growing, particularly in North America. Marathon is the fifth largest refiner in the U.S. with 974,000 bpd of crude processing capacity in its seven-refinery system. The Company's retail marketing system comprises approximately 5,700 locations in 17 states; nearly three-quarters are Marathon brand locations. Marathon serves the Midwest and Southeast as a petroleum products marketer with 87 light product and asphalt terminals and the Company owns, operates, leases or has an ownership interest in approximately 9,900 miles of pipeline.
Source: Marathon Oil Corporation
CONTACT: Linda Casey, of Marathon Oil Corporation, +1-419-421-3262
