Texas Gulf Terminals, Inc., owned by Trafigura US Inc., submitted a permit application for its Texas Gulf Terminals Project.
On June 9 the plans were submitted for the new offshore Deep Water Port facility that will allow VLCCs and other tankers to load cargo safely, directly and fully via a single-point mooring buoy system (SPM). Using SPMs eliminates unnecessary ship traffic in inland ports as well as the “double handling” of the same crude oil, reducing the opportunity for spills and emissions each time the crude oil is transferred. Once constructed, this globally-proven technology, will ease infrastructure barriers to crude oil exports, grow the U.S. economy, and support jobs.
The Texas Gulf Terminals Project is the latest in a series of long-term investments that Trafigura has made in communities across the U.S., including a nearly $1bn investment in the premier marine export terminal and condensate splitter in Corpus Christi, Texas (Buckeye) and the construction of the Burnside Bulk Storage Terminal in Darrow, Louisiana, which rebuilt a site from the mid-1950s into a state-of-the-art bulk facility designed to facilitate international exports.
“The Texas Gulf Terminals Project will give U.S. crude oil producers, particularly Texas operators, safer, cleaner and more efficient access to very large crude carriers, ensuring that the economic and employment benefits of increasing domestic crude production can be fully realized right here at home,” said Corey Prologo, Director, Texas Gulf Terminals Inc. and Director of Trafigura, North America.
For more information, visit: www.texasgulfterminals.com
8th August 2018