31OCT2018 - NEWS - Port of Corpus Christi Authority enters into agreement with Carlyle Group to develop a crude oil export terminal on Harbor Island

The Port of Corpus Christi Authority has recently entered into an agreement with the Carlyle Group to develop a crude oil export terminal on Harbor Island, the first onshore location in the U.S. capable of providing export service to fully-laden Very Large Crude Carriers (VLCCs). The port authority hopes that VLCC access would open the global markets for U.S. oil producers, reducing the national trade deficit by USD 50 billion per annum.

Published by Editor - www.Livebunkers.com at 31-Oct-2018 05:15:40 [UTC] , contact editor at editor@livebunkers.com