Deepwater dock at Corpus Christi Ship Channel in business
The largest of the world’s oil and gas export ships are now docking and loading at a new state-of-the-art terminal at the mouth of the Corpus Christi Ship Channel in Ingleside. The first Very Large Crude Carrier was loaded at the Buckeye Partners LP terminal on Dec. 30, 2020. It is the second of two deepwater docks at the South Texas Gateway terminal, the first to load a VLCC.
“STG’s new terminal, alongside our nearby Buckeye Texas Partners facility, will be instrumental in providing our customers with cutting-edge logistics solutions and in reinforcing the role of the Port of Corpus Christi as a top export location for U.S. energy producers,” said Buckeye Partners President and CEO Clark C. Smith. “We are very excited to have achieved these important milestones at our new facility, enhancing STG’s and Buckeye’s ability to service global energy markets.”
Sean Strawbridge, the chief executive officer for the Port of Corpus Christi, said completion of the second dock and the loading of the first VLCC cargo was a significant milestone for both Buckeye and the port.
“As Texas moves into the next phase of economic recovery from the COVID-19 pandemic, partnerships like those between the Port of Corpus Christi and its customers such as STG are critical to the continuance of American leadership in the global energy marketplace,” he said.
Marine facilities at STG are now fully operational. The final construction phase of storage facilities is expected to be completed in the first quarter of this year, providing a storage capacity of 8.6 million barrels. Throughput at the two deepwater docks will be 800,000 barrels a day.
South Texas Gateway is jointly owned by Buckeye Partners (50 percent), Phillips 66 Partners (25 percent), and Marathon Petroleum Corporation (25 percent).
Find more articles like this in News