Hilcorp, Vitol partner on Port of Corpus Christi terminal
In response to increased demand for crude transportation from South Texas and the Permian Basin, Harvest Pipeline Co. (an affiliate of Hilcorp Energy Co.) And Vitol Inc. have established an agreement to explore joint development of a state-of-the-art crude oil terminal to be located in the Port of Corpus Christi.
This project will complement Harvest’s existing South Texas business by providing Eagle Ford barrels a new terminal connection from the Harvest Midway junction. In addition, this concept will provide a new waterborne outlet for the growing number of Permian barrels seeking access to international markets. As more barrels flow to Corpus Christi from the Permian Basin, additional storage will be developed at the emerging Midway hub.
The parties have reached agreement with the Port of Corpus Christi for the location of the terminal development and dock access. In addition, the parties are reviewing the option of constructing a private dock for the parties’ sole use at the oil ter facility. Barrels will have access to the terminal via a new 16-inch lateral pipeline.
For more information, visit www.Vitol.com or call (44 20) 7973 4200.
Tallgrass Energy makes commercial developments at Pony Express
Tallgrass Energy Partners LP has made several significant commercial developments that continue to expand the variety of services offered by Pony Express in key crude oil producing basins it serves.
Tallgrass Terminals has a signed, 10-year take-or-pay agreement for 8,000 barrels per day from a new customer to support the construction of a terminal in the Central Kansas Uplift. Construction of the terminal is progressing on schedule, with completion and in-service expected by March 2018. Upon completion, the terminalling facilities will have delivery capabilities of approximately 20,000 barrels per day into the Pony Express mainline, providing the opportunity to accommodate incremental volumes from the Central Kansas Uplift.
Upon completion of this and other projects, Pony Express will have six different supply sources and five different crude oil streams capable of being batched on the system.
For more information, visit www.tall grassenergy.com or call (913) 928-6060.
Appalachia Storage & Trading Hub takes step forward
Appalachia Development Group LLC’s Appalachia Storage & Trading Hub initiative has received approval for the first of two application phases for a $1.9 billion U.S. Department of Energy loan. The group also aims to secure $1.4 billion in other financing.
The American Chemistry Council has estimated the project could attract up to $36 billion in new chemical and plastics industry investment and create 100,000 new area jobs.
The ultimate placement of the project has not been determined, but West Virginia, Ohio, Kentucky and Pennsylvania were all listed on the application as possible locations.
For more information, visit www.Adcloans.com or call (864) 382-2350.
Dominion Energy Cove Point LNG facility introduces feed gas
Dominion Energy Cove Point (DECP) has introduced feed gas into its newly constructed natural gas liquefaction facility currently undergoing commissioning in Lusby, Maryland. All major equipment has been operated and is being commissioned as expected following a comprehensive round of testing and quality assurance activities.
Shell NA LNG is providing the natural gas needed for liquefaction during the commissioning process and will offtake the LNG produced.
DECP’s liquefaction facility has a nameplate capacity of 5.25 million tons per annum of LNG. Construction of the liquefaction facility began in October 2014, following more than three years of federal, state and local permit reviews and approvals. With a cost of $4 billion, it is the largest construction project ever thus far for Maryland and Dominion Energy. Construction has involved more than 10,000 craft workers and a payroll of more than $565 million.
For more information, visit www.Dominionenergy.com