Company planning crude project terminates lease

A company planning to bring crude oil to the has terminated their lease at Terminal 3.

Port of Grays Harbor Public Affairs Manager Kayla Dunlap tells KXRO that Grays Harbor Rail Terminal, which is owned by U.S. Development Group, terminated their option to lease the property at Terminal 3 in November 2015.

She says the Port did enter into a Commercial Access Agreement with Grays Harbor Rail Terminal in January of this year which does not include any property options, but supports U.S. Development Group’s efforts to continue exploring other options.

This could include “dry bulk, liquid bulk, break bulk, etc.” at the Port of Grays Harbor said Dunlap.

By pulling their lease agreement, Dunlap tells KXRO that it is “very unlikely” that they would able to pursue a crude operation.

She says while they no longer have an option to lease property from the Port at Terminal 3, they still have not pulled their permit application with the and to the Port’s knowledge.

Given the zoning change in Hoquiam and the moratorium in Aberdeen, they would not be able to handle crude at other Port properties.

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