Howard Midstream Energy Partners has struck a long term terminal services agreement with a third-party shipper enabling it to expand significantly its terminal in Port Arthur, Texas.
Under the TSA, Howard will construct or install more than 15 new tanks adding more than 1 million barrels of storage for a variety of products, and construct new marine facilities for both blue water and inland marine vessels. Additionally, the company plans to construct a pipeline system to transport products between the HEP’s Port Arthur facilities and other third-party supply points.
Permitting for the development of the Port Arthur Terminal began in the first quarter of 2016; final engineering of the facilities and pipelines is underway and construction is expected to begin in March. The facility is projected to take 18 months to construct and operations are expected to begin in 2018. If warranted by future demand, HEP’s Port Arthur Terminal can be expanded to include up to 24 million barrels (3.8 million cbm) of storage, as well as deepwater and inland marine docks.
8th March 2017