March 29, 2023 – Energy Intelligence
Houston In Focus as Corpus Christi Lines Fill
By Frans Koster
Developments in Houston will attract more barrels there as well. Exxon Mobil’s 250,000 b/d expansion to its nearby Beaumont, Texas facility is designed to process light crude such as that produced in the Permian and is currently ramping up.
RBN Energy’s Housley Carr noted that an extension of the Wink-to-Webster pipeline to Beaumont comes into service later this year, a development that “will further support volumes moving from the Permian to Houston."
In addition, midstream firms are investing heavily in regional infrastructure to support not only exports but also trading and pricing operations.
Enterprise Product Partners is planning to build the Seaport Oil Terminal (SPOT) offshore Houston. The terminal would allow for very large crude carriers (VLCCs) to load to their 2 million barrel capacity in about one day.
Read the full article here: https://www.energyintel.com/00000187-2ec5-dd4b-a7df-eff702250000
