HOUSTON (ICIS)--Enterprise Products has bought a 65-acre (26-ha) waterfront site on the Houston Ship Channel that will serve as the next phase of expansion at the Enterprise Hydrocarbon Terminal (EHT), the company said on Wednesday.
Located east of EHT, the property features two existing docks, dredging infrastructure for maintenance and dock expansion at the site, as well as land for expanding Enterprise’s marine terminal. Future plans include construction of at least two deepwater docks for Suezmax vessels.
Combined with the EHT complex, the newly acquired assets will be part of Enterprise’s Gulf Coast network of marine terminals that includes 18 ship docks and eight barge docks.
In addition, Enterprise’s Gulf Coast infrastructure system provides access to approximately 125 pipelines, 400m bbl of storage and every refinery in the Houston, Beaumont, Port Arthur and Texas City region, representing more than 4m bbl/day of capacity.
Enterprise Products Partners LP is a publicly traded partnership and a North American provider of midstream energy services to producers and consumers of natural gas, NGLs, crude oil, refined products and petrochemicals.