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Enterprise Products eyes approval of Texas deepwater VLCC terminal this spring | Hellenic Shipping News Worldwide

Enterprise Products Partners hopes to receive regulatory approval in the spring for its deepwater crude export terminal offshore of the Houston area, a project that would eventually allow for the seamless loading of VLCCs from Texas for the first time, said Enterprise co-CEO Jim Teague in an interview. The race to build crude export hubs ...
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US crude oil exports face challenges amid lower output | Hellenic Shipping News Worldwide

US crude oil exports face challenges amid lower output US crude oil export flows that managed to stay afloat for much of 2020 are expected to sink in 2021 as decreased US output and recovering domestic refinery runs will mean fewer barrels to export. Production is expected to average only 10.44 million b/d in 2021 but will gradually recover to pre-COVID levels around 12.8 million b/d by late 2023, according to Platts Analytics. With fewer barrels available for export, total US crude exports are...
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Port of Corpus Christi finalizes lease, pipeline deals with Bluewater Texas crude export project

Port of Corpus Christi finalizes lease, pipeline deals with Bluewater Texas crude export project The Port of Corpus Christi and the Phillips 66-led Bluewater Texas project finalized leasing and pipeline easement agreements Dec. 16 for the planned deepwater, crude oil export terminal. The proposed Bluewater terminal is one of four pending applications — and the only one off of Corpus Christi — to build offshore crude terminals that would allow VLCCs to fill up to capacity in deeper waters wi...
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