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.
Corpus Christi’s Port Enhancement Projects will Allow VLCCs to Enter the Port Empty and Leave Fully Laden
Texas crude oil is being shipped worldwide at ever higher rates as foreign markets get used to the taste of light sweet crude. Port Corpus Christi, a major refining center on the U.S. Gulf Coast, is now becoming a major hub for U.S. crude oil exports. More than 70 percent of the crude oil moved into Port Corpus Christi in October was exported said Jarl Pedersen, the Port’s chief commercial officer, who was speaking at the Hart Energy’s DUG Eagle Ford Conference held earlier this month at the Convention Center in San Antonio. That oil is not just coming from South Texas’ Eagle Ford Shale but also from the prolific Permian Basin oil field in West Texas. The exports are making the port, which has a major refining presence on the Gulf Coast, look at different ways to support exports. “How do we, as a port authority, provide producers access to world markets?” Pedersen asked as he spoke at a panel Friday. “It’s a great opportunity right now to export U.S. crude oil. We want to make sure that producers, marketers, they have optionality, flexibility.”
Port of Corpus Christi remains open to tankers after fire on US Gulf crude barge
The Port of Corpus Christi is still open to tankers despite an early Friday fire on a barge loaded with crude, a top port official said. “We haven’t received any instructions as yet from the [US Coast Guard] to close down or restrict tanker movements to our port due to the fire on that barge, which was loaded with 140,000 barrels of crude,” said Charles Zahn, chairman of the Port of Corpus Christi Administration. A barge, identified as B255 and operated by Bouchard Transportation, caught fire early Friday morning at the Aransas Pass anchorage, a Coast Guard official said. The Coast Guard received a report of the fire at 4:30 am CDT (0930 GMT), said Jennae Steinmiller, an ensign with the Coast Guard at Corpus Christi. There were a total of eight crew members aboard the barge, of which two are unaccounted for, she said. “There are no pollution reports at this time,” Steinmiller said, adding that a unified command under the Coast Guard is coordinating putting out the fire. The Aransas Pass anchorage is a Gulf of Mexico sandbar located some 36 miles from the Port of Corpus Christi inner harbor.Upload News