Seward company fuels growth
Shoreside Petroleum announced, on Tuesday, an expansion to its fuel storage terminal in Seward of up to eight million gallons. The project will raise the facility’s capacity to some 10 million gallons. Shoreside will partner with Petro Marine Services for the first phase of construction, scheduled to begin this summer. Kurt Lindsey, Shoreside Petroleum’s CEO, said “We believe the increased capacity will provide both companies with many options for managing the fuel needs of our broad customer base located throughout Southcentral Alaska and the Interior Railbelt.”
During the winter months under sustained periods of severe cold, heavy ice restricts access to the fuel supply in Cook Inlet. The new storage in Seward will provide an alternative for securing supply year round for the companies petroleum barges. Shoreside Petroleum and Petro Marine Services are family owned Alaska companies and have been doing business throughout the state for over five decades.