May 14, 2012 [Houston News] - The construction will increase the company’s crude oil storage capacity to approximately 6 million barrels and was scheduled to begin service in the second half of 2012.
The structures are actually part of a 37-acre crude and oil storage and distribution facility and an expansion project of Enterprise Products Partners’ Enterprise Crude Houston (ECHO).
“Enterprise Products Partners, a midstream energy company based in Houston is in the process of constructing tanks for a crude oil storage for its ECHO crude oil storage facility, which will ultimately have a capacity of 6 million barrels,” said Rick Rainey, spokesman for Enterprise Products.
Additionally, ECHO will serve as the main shipping point for delivery of crude oil from Eagle Ford Shale in South Texas.
Nearing completion of a 147-mile pipeline expected to begin service in the second quarter of 2012, ECHO will have a 350,000-barrel crude oil capacity per day.A.J. Teague , executive vice president and chief operating officer for Enterprise’s general partner, said in a statement the newly constructed facility will further the company’s goal to establish ECHO as the leading delivery base for establishing crude oil production throughout North America.
“Strategically located near two large diameter crude oil pipelines, including the Seaway system, the ECHO terminal gives shippers the flexibility to access the largest concentration of refineries in the world, as well as the Cushing storage and trading hub.
With its growing importance as an access point to the liquid Gulf Coast crude oil market, the ECHO terminal is being developed as a regional pricing point for the U.S. Gulf Coast crude market,” Teague said.
“The ECHO terminal will offer access to every major refinery in the Greater Houston area through pipeline and waterborne transportation options,” Rainey said.
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Other Houston-based Storage Facilities of Enterprise in TankTerminals.com: Enterprise Pasadena, Enterprise Houston