Port of Corpus Christi to get new infrastructure
USA
CORPUS CHRISTI, July 19, 2017 – Board members of the Port of Corpus Christi on Tuesday unanimously approved a lease agreement to Howard Energy Partners subsidiary Maverick Terminals Corpus for several new facilities and rail infrastructure.
Under a 30-year lease, the company will design, build and operate a rail terminal. Two to three trains per week will carry transportation fuels from there to Monterrey, Mexico, until the expected completion of its Dos Aquiles pipeline in early 2018.
Howard Energy will also design, construct and operate new petroleum and petroleum products storage facilities on more than 4,000 square metres of land at the port.
In addition, the Port of Corpus Christi will build a new oil dock with Suezmax tanker capability to facilitate hydrocarbons exports to the south.
“This lease marks a strategic and significant expansion of our terminal network, not only for refined products but for crude oil,” said Brad Bynum, Howard Energy Partners co-founder and president, in a company press release.
With 13 public oil docks and 16 private ones, the Port of Corpus Christi is one the USA’s major energy export points. The port is also the country’s fourth-largest in terms of overall cargo tonnage handled.
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