30 May 2013 17:49 [Source: ICIS news]
HOUSTON (ICIS)--US midstream company Enterprise Products Partners will develop two refined products export facilities on the US Gulf Coast, the company said on Thursday.
The facilities will allow the company to utilise its existing Southern Complex in southeast Texas to meet increased export demand in the region. The Southern Complex serves as a feeder system for the Enterprise TE Products Pipeline system, delivering refined products to the Midwest region.
Export service at the Beaumont marine terminal in Texas is expected to begin service in the first quarter of 2014. The second terminal, on the Houston Ship Channel, will start service in mid-2014, according to Enterprise.
“This expansion is driven by the tremendous growth of US crude oil production from the development of the shale plays coupled with an increase in Gulf Coast refining production and strong international demand for US refined products,” said Michael A. Creel, CEO of Enterprise’s general partner.
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