UPDATE 2 - Trump Signs Orders Allowing Export Of Texas Oil To Mexico Though New Infrastructure
08.03.2020 By Ricardo Perez - NEWS

August 03, 2020 [Urdu Point] – US President Donald Trump has signed orders green-lighting the added export of Texas crude oil to Mexico through new infrastructure.

 
“In a few moments, I will sign four critical permits granting approval to vital pipeline and railway infrastructure on our nation’s border,” Trump said before signing the documents on Wednesday. “This will include two permits allowing the export of Texas crude [oil] to Mexico.”

The White House said the two pipelines belong to Nustar Logistics, L.P.

One of the permits said it allows NuStar Energy to construct, connect, operate, and maintain pipeline at the US-Mexico border for the purposes of transporting crude oil, liquified natural gas and other energy products.

A second presidential decree renews the NuStar’s permit to maintain and operate existing pipeline infrastructure in Hidalgo County, Texas.

Trump also signed presidential permits to allow the Kansas City Southern Railway Company to build a railway bridge on the US-Mexico border in the Texas border town of Laredo and to allow the TransCanada Keystone pipeline to transport oil between the United States and Canada.

US-Mexico oil swaps began in 2015 after the Commerce Department granted approval for such exchanges. US exports of crude oil and petroleum products to Mexico grew by more than 68 percent between 2015 and 2019.

————-

Click Here to Access Today a 5,550 Tank Terminal Database With a Pro Trial
5,550 terminals as per the date of this article. Click on the button and register to get instant access to actionable tank storage industry data

UAE Invests Billions in AI to Diversify Economy Beyond Oil
11.13.2024 - NEWS
November 13, 2024 [Oil Price]- The United Arab Emirates’ state-owned energy giant Abu Dhabi Nat... Read More
Gulf Energy Transition: Assessing Saudi and Emirati Goals
11.13.2024 - NEWS
November 13, 2024 [The Washington Institute]- On October 29, during Saudi Arabia’s annual Futur... Read More
How will The Energy Sector Fare Under Donald Trump?
11.13.2024 - NEWS
November 13, 2024 [Investing Daily]- The energy sector experienced a notable boost following Dona... Read More
PNOC, Pertamina Partner on LNG Infrastructure, Supply Chain
11.13.2024 - NEWS
November 13, 2024 [Manila Bulletin]- State-run Philippine National Oil Company (PNOC) has signed ... Read More