January 2020, Vol. 247, No. 1

Global News

EPIC Midstream Loads First Oil Tanker at New Texas Export Terminal

EPIC Midstream loaded its first oil tanker at its new Texas export terminal and plans to open another dock in the third quarter of 2020, benefiting from rising demand for low-sulfur U.S. crude, EPIC President Brian Freed said in a mid-December interview with Reuters. Its Corpus Christi, Texas, facility has capacity to load Aframax tankers, which can carry up to 750,000 barrels of oil, at a rate of 20,000 barrels per hour, boosting export capabilities as refiners in Europe and Asia look for more light sweet crude supply ahead of new maritime fuel standards. The facility planned for next year would double the company’s total loading rate to 40,000 barrels per hour and could handle larger Sue

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