Canada's Enbridge plans to build a $800 million very large crude carrier (VLCC) export terminal near Houston, Texas. The facility, Texas Colt, will be developed in partnership with Kinder Morgan and Oiltanking, with completion expected by late 2021, and includes a 40 mile offshore pipeline that will load up to one VLCC a day. The terminal will bring Enbridge closer to its export markets and reduce ship-to-ship transfers. The plan is one of a number of VLCC proposals in Texas in recent years, with the Port of Corpus Christi, Trafigura and Enterprise Product Partners separately exploring building terminals in the state.
Canada's Enbridge plans to build a $800m very large crude carrier (VLCC) export terminal near Houston, Texas. The facility, Texas Colt, will be developed in partnership with Kinder Morgan and Oiltanking, with completion expected by late 2021, and includes a 40 mile offshore pipeline that will load up to one VLCC a day. The terminal will bring Enbridge closer to its export markets and reduce ship-to-ship transfers. The plan is one of a number of VLCC proposals in Texas in recent years, with the Port of Corpus Christi, Trafigura and Enterprise Product Partners separately exploring building terminals in the state.