First Columbia looking to purchase massive Pennsylvania fuel terminal

First Columbia Gold Corp intends to purchase a large commercial fuel terminal in Pennsylvania with a 4 million gallon liquid storage capacity.

The fuel terminal also includes a direct pipeline connection with a major refinery and the ability to transport product by rail via rail spur on the Norfolk Southern Line.

Spanning 11 acres, the terminal has an 11,000 square foot warehouse with office space, three truck bays, and room for over 40 trucks. According to First Columbia, the facility can also be used to store third party fuels for distribution to commercial clients.

“This terminal will not only give us the capacity to distribute greater quantities of fuel products, but because of our recent joint venture with Singa Energy Solutions, we will be able to source and exit much larger quantities of fuel to Singa's established customer base that utilize much larger quantities of fuel,” said First Colombia Gold CEO Jason Castenir.

Two weeks ago First Columbia announced the purchase of 11 convenience stores in Alabama in a deal worth $4.8 million.