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flag Strategic Storage Partners wins $1.4B contract to manage U.S. oil reserves for up to 10 years.

flag The US Department of Energy awarded Strategic Storage Partners a $1.4 billion contract to manage the Strategic Petroleum Reserve for five years, with an option to extend for another five. flag The SPR, storing emergency oil supplies in Texas and Louisiana, will be overseen by Strategic Storage Partners starting June 15, 2025, following a transition period. flag The contract supports U.S. energy security and job creation.

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