Enterprise Products Wins U.S. Approval to Build Texas Oil Terminal
04.11.2024 By Tank Terminals - NEWS

April 11, 2024 [Seeking Alpha]- Enterprise Products Partners  confirmed Tuesday it has received the deepwater port license for the Sea Port Oil Terminal from the U.S. Department of Transportation, which enables it to move forward in developing the Texas Gulf Coast terminal capable of loading 2M bbl/day of crude oil.

 

The SPOT terminal will be only the fourth in the U.S. able to load supertankers, and is designed to load Very Large Crude Carriers and other crude oil tankers up to a rate of 85K barrels per hour.

Enterprise Products (EPD) said bi-directional pipelines will be built that connect to its new Oyster Creek crude oil terminal in Brazoria County, Texas, to be constructed ~10 miles inland.

With a direct connection to Enterprise’s (EPD) Houston ECHO terminal, as well as an extensive integrated midstream network, SPOT will offer access to more than 40 distinct grades of crude oil including Midland WTI, the company said.

The terminal, which was initially proposed in 2019, has faced several delays including opposition from environmental groups and the COVID-19 pandemic.

Last week, the Fifth U.S. Circuit Court of Appeals upheld the DoT’s prior approval of the project, dismissing claims brought by environmentalists that the government had failed to meet the standards of the National Environmental Policy Act or the Deepwater Port Act.

 

Free Trial: Access 13,300 Tank Terminal and Production Facilities

13,300 tank storage and production facilities as per the date of this article. Click on the button and register to get instant access to actionable tank storage industry data

ONEOK Announces Completion of NGL Fraction and Pipeline Expansion Projects
12.06.2024 - NEWS
December 06, 2024 [ONEOK]- ONEOK, Inc. today announced the completion of MB-6, a 125,000-barrel p... Read More
Aker Horizons and VNG Sign Term Sheet for the Supply of Green Ammonia from Norway to Germany
12.06.2024 - NEWS
December 06, 2024 [VNG]- The Leipzig-based gas trader VNG Handel & Vertrieb GmbH (VNG H&V... Read More
VNG and HyCC Plan to Produce Green Hydrogen in Lutherstadt Wittenberg
12.06.2024 - NEWS
December 06, 2024 [VNG]- Leipzig-based energy company VNG AG, its wholly-owned gas trading subsid... Read More
Belgium and Oman Strengthen Green Hydrogen Ties Under New Agreement
12.06.2024 - NEWS
December 06, 2024 [H2 View]- Belgium and Oman have agreed to “further strengthen” collaborati... Read More