August 21, 2013 [Oil & Gas Financial Journal] - Crude oil throughput volumes at Sunoco Logistics’ Nederland Terminal on the Texas Gulf Coast increased by 35% from 690 Mb/d in Q2 2012 to 932 Mb/d in Q2 2013 – that’s nearly a million barrels a day.
By the end of 2014 another 1 MMb/d of crude will be flowing through Nederland, as it becomes a pivotal storage and distribution terminal for Gulf Coast refineries.
Sunoco Nederland is at the heart of the company’s successful crude oil storage and pipeline distribution network. The terminal is located on the Sabine-Neches waterway between Beaumont and Port Arthur, TX.
Sunoco told investors on their 2Q 2013 earnings call that the marine terminal is currently being used quite heavily to receive Eagle Ford crude delivered by barge from Corpus Christi.
Most Gulf Coast refineries need to blend the often super light Eagle Ford with heavier crudes to process it efficiently – a service that Nederland is well equipped to provide. Also Nederland has seen a recent increase in outbound shipments of crude by barge.
That is because the Ho-Ho pipeline reversal is being finished at the moment and there are no commercial pipelines connecting Houston and Port Arthur to Louisiana refineries. So Permian Basin crudes are being shipped out of Nederland to Louisiana by barge.
