Buckeye Completes Marine Terminal for Oil Exports at Corpus Christi
01.04.2021 By Greta Talmaci - NEWS

January 04, 2021 [Maritime Executive] – Pipeline and terminal operator Buckeye Partners announced Wednesday that it has begun crude oil exports at the second dock at its South Texas Gateway (STG), a new terminal about 10 nm inland from the mouth of the Corpus Christi Ship Channel. Buckeye also said that it has loaded the first VLCC tanker to berth at the terminal.

The dock allows Buckeye to handle the berthing and loading of two vessels at the same time, speeding up exports of North American crude oil to global markets. STG’s marine facilities are now completed and running, and the final construction phase of its storage facilities will be finished early this year.

“We are very excited to have achieved these important milestones at our new facility, enhancing STG’s and Buckeye’s ability to serve global energy markets,” said Buckeye Partners President and CEO, Clark C. Smith. “STG’s new terminal, alongside our nearby Buckeye Texas Partners facility, will be instrumental in providing our customers with cutting-edge logistics solutions and in reinforcing the role of the Port of Corpus Christi as a top export location for U.S. energy producers.”

“The completion of the second dock and loading of its first VLCC cargo at the STG Terminal are significant milestones for Buckeye and the Port of Corpus Christi,” said Sean Strawbridge, Chief Executive Officer for the Port of Corpus Christi. “As Texas moves into the next phase of economic recovery from the COVID-19 pandemic, partnerships like those between the Port of Corpus Christi and its customers such as STG are critical to the continuance of American leadership in the global energy marketplace.”

STG can berth VLCCs in ballast and begin loading them, but the Corpus Christi Ship Channel is not deep enough for a fully-laden VLCC to depart. At present, charterers typically use smaller tankers to complete filling for VLCCs at an anchorage off the coast.

That may soon change: the Port of Corpus Christi recently authorized a lease agreement and pipeline easement for the Bluewater Texas Terminals (BWTX) deepwater loading terminal, a proposed single-point mooring (SPM) facility about 21 nm offshore. The site has enough water depth to fully load a VLCC.

——

Click Here to Access Today a 6,000 Tank Terminal Database With a Pro Trial
6,000 terminals as per the date of this article. Click on the button and register to get instant access to actionable tank storage industry data

NextChem (MAIRE) Awarded the Licensing and Process Design Package for a Sustainable Aviation Fuel (SAF) Project Based on its Proprietary NX PTU™ and NX SAF™ BIO Technologies in Indonesia
12.20.2024 - NEWS
December 20, 2024 [Maire Group]- MAIRE (MAIRE.MI) announces that NEXTCHEM (Sustainable Technol... Read More
U.S. Crude Exports to Europe Expected to Fall in Jan as Shipping Economics Weaken
12.20.2024 - NEWS
December 20, 2024 [Reuters]- U.S. crude oil exports to northwest Europe are likely to slip early ... Read More
Energy Transfer's Unit Signs LNG Agreement with Chevron
12.20.2024 - NEWS
December 20, 2024 [Reuters]- U.S. pipeline operator Energy Transfer said on Thursday its unit has... Read More
Kinder Morgan's Unit to Go Ahead with $1.4 bln Mississippi Crossing Project
12.20.2024 - NEWS
December 20, 2024 [Reuters]- Kinder Morgan said on Thursday its unit Tennessee Gas Pipeline will ... Read More