St. Pete firm motors ahead on big plans to move fuel via rail lines

Belvedere Terminals' $750 million fuel delivery system will use specially designed railcars to haul 50 million barrels a year along the east coast of Florida.


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  • | 5:00 a.m. October 25, 2023
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Fuel tanks at an oil terminal at a railway station. Belvedere Terminals of St. Petersburg plans to transport only refined fuels such as diesel to three terminals along the east coast of Florida.
Fuel tanks at an oil terminal at a railway station. Belvedere Terminals of St. Petersburg plans to transport only refined fuels such as diesel to three terminals along the east coast of Florida.
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Belvedere Terminals, a St. Petersburg firm, plans to spend $750 million on an ambitious Florida railcar system to improve gasoline and diesel delivery in Florida.

Florida has not a single refinery, so gasoline and diesel are usually transported from three main ports (Tampa, Jacksonville and Port Everglades) via trucks. That results in higher distribution costs, according to the Florida attorney general's website.

 

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