Pipeline and terminal operator Buckeye Partners said on Wednesday it had started crude oil exports at the second dock of its South Texas Gateway (STG), a new terminal located about 10 nm inland from the mouth of the Corpus Christi Ship Channel. Buckeye also said he loaded the first VLCC tanker docked at the terminal.
The wharf allows Buckeye to manage the berthing and loading of two vessels at the same time, thereby accelerating North American crude oil exports to world markets. STG’s marine facilities are now complete and operational, and the final construction phase of its storage facilities will be completed early this year.
“We are very pleased to have achieved these important milestones in our new facility, enhancing the ability of STG and Buckeye to serve global energy markets,” said Clark C. Smith, President and CEO of Buckeye Partners. “STG’s new terminal, alongside our neighboring Buckeye Texas Partners facility, will help provide our customers with state-of-the-art logistics solutions and strengthen the Port of Corpus Christi’s role as a premier export location for producers. of American energy. “
“Completing the second wharf and loading its first VLCC cargo at the TSG terminal are important milestones for Buckeye and the Port of Corpus Christi,” said Sean Strawbridge, general manager of the Port of Corpus Christi. “As Texas enters the next phase of economic recovery from the COVID-19 pandemic, partnerships like those between the Port of Corpus Christi and its customers such as STG are critical to maintaining the US leadership in the global market. energy.
The TSG can dock the VLCCs in the ballast and start loading them, but the Corpus Christi channel is not deep enough for a fully loaded VLCC to depart. Currently, charterers generally use smaller tankers to supplement the filling of VLCCs at an anchorage off the coast.
That may soon change: The Port of Corpus Christi recently authorized a lease and pipeline easement for the Bluewater Texas Terminals (BWTX) Deepwater Loading Terminal, a single point mooring facility project ( SPM) about 21 nm off. The site has sufficient water depth to fully charge a VLCC.