HomeMagazine2020April 2020, Vol. 247, No. 4News

April 2020, Vol. 247, No. 4

Global News

News

Trafigura, Phillips 66 Form JV for Deepwater Texas Oil Port Global commodities trader Trafigura said it formed a joint venture with U.S. refiner Phillips 66 to build a major deepwater port in Texas capable of handling supertankers, ditching its own competing project.  The Bluewater Texas Terminal, to be located 21 nautical miles east of the entrance to Corpus Christi port, will have two single-point mooring buoys that can load very large crude carriers (VLCCs), each capable of carrying about 2 million barrels of oil. Geneva-based Trafigura, the biggest U.S. crude exporter handling about 600,000 bpd, said it had withdrawn its Texas Gulf Terminals p

Log in to view this article.

Not Yet A Subscriber? Here are Your Options.

1) Start a FREE TRIAL SUBSCRIPTION and gain access to all articles in the current issue of Pipeline & Gas Journal magazine.

2) Start your full access subscription to Pipeline & Gas Journal and gain UNLIMITED access to this article, the current issue, all past issues in the technical archive, access to all special reports, special focus supplements and more. Pricing start at $395/year.   

*Access will be granted the next business day.

 

Related Articles

Comments

{{ error }}
{{ comment.comment.Name }} • {{ comment.timeAgo }}
{{ comment.comment.Text }}