April 13, 2017 [OPIS] - Enterprise Products Partners announced Wednesday that the combined exports and imports of hydrocarbons at its marine terminals, including 18 deep-water docks along the Texas Gulf Coast, surged to what it claims is a record 146 million barrels in the first quarter of 2017.
The company said this is up from what it called the previous record 136 million barrels in the second quarter of 2016.
The breakdown of Enterprise’s volume on a gross basis is 648,000 barrels per day of crude oil, 569,000 b/d of natural gas liquids, 384,000 b/d of refined products and 15,000 b/d of petrochemicals.
The terminals “reported a 16% increase in gross volumes for the first quarter of 2017 compared to the first quarter of 2016,” said A.J. Jim Teague, chief executive officer of Enterprise’s general partner. Teague added that he believes there have been erroneous claims of growing congestion on the Houston Ship Channel and that the “average daily movements are less than 60% of its peak single-day record according to the Greater Houston Port Bureau.”
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