 NEW YORK, Feb. 22, 2021 GLOBE NEWSWIRE -- Fortress Transportation and Infrastructure Investors LLC NYSE:FTAI and Jefferson Energy Companies Jefferson Energy are pleased to announce the successful completion of its Cross Channel Pipelines project. This project consists of six pipelines connecting the Jefferson Energy terminal to the ExxonMobil NYSE:XOM Beaumont refinery and allows for ratable and efficient pipeline movements of both refined products and crude oil between the two locations. Barge traffic on the Neches River and at the Jefferson Energy terminal will be reduced, allowing for new, incremental marine opportunities to be developed. Following the appropriate pipeline commissioning, safety, and start-up protocols, two of the six pipelines will immediately be placed into service and provide pipeline throughput capacity of 168,000 barrels per day of diesel and 150,000 barrels per day of gasoline. 