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New VLCC terminal at Corpus Christi moves a step closer
A new $1bn VLCC-sized crude export site is moving ahead in Texas. Commissioners with the Port of Corpus Christi Authority yesterday approved a 50-year lease for a Carlyle Group-backed project. Lone Star Ports, a Carlyle vehicle, has got the go ahead to build a tanker terminal on Harbor Isand near Port Aransas subject to an environmental review as the new port will require extensive dredging. The project is one of two proposed for the Corpus Christi area and among eight deepwater ports planned along the US Gulf Coast.
Cheniere opens Texas Corpus Christi LNG export plant
U.S. liquefied natural gas (LNG) company Cheniere Energy Inc officially opened its $15 billion Corpus Christi LNG export facility in Texas. The company, however, would not say when the first cargo will actually leave the facility, which produced its first LNG on Wednesday.
Trafigura looks to build U.S. deep water oil port
Trafigura has applied to build a deep water port in Texas, United States, that would be able to load supertankers, the company said, supplying badly needed oil export infrastructure to the country. The company said it had applied for a permit on July 9 via its subsidiary Texas Gulf Terminals. A spokeswoman added the infrastructure would include a new onshore terminal that will be fed via a pipeline and close to Corpus Christi. The SPM will have a capacity of around 500,000 barrels per day, the spokeswoman said.News schreiben