Fuel Buy Back Programs
Through the use of Sprague’s strategically located terminal assets, its petroleum marketing expertise, and excellent field engineers, we can offer individually tailored programs to purchase fuel owned at end users’ locations.
When the need arises, and a customer desires to eliminate their petroleum inventory, Sprague can create a custom solution. It is a complete “turn key” package designed to safely and efficiently remove the contents of the customer’s tank.
Each purchase is an individual customized deal. Sprague begins the process by conducting a site review by our petroleum specialists and field engineers. Sprague will survey, sample and test the customer’s fuel to determine where we can use it within our terminal network. Our engineering group will determine if, and what, piping modifications must be made to evacuate the petroleum efficiently.
Sprague completes the review process with a price offering based on the grade, market value, and difficulty to remove the fuel.
Once both parties agree to the process and pricing Sprague will schedule the operation, beginning with any required mechanical changes, and the installation of pumps and meters if needed. Once the site is complete and ready to go Sprague will bring in a standby vacuum truck, environmental technicians, and trucks to remove the fuel. Scheduling is typically done during daylight hours on a Monday to Friday basis to reduce any plant disruptions. Sprague loads the trucks, tracks the inventory, prepares the bills of lading, and provides reports.