Oiltanking to build large Texas City terminal

Apr 07 2017

Oiltanking North America has acquired around 89 hectares of waterfront and industrial land in Texas City.

This transaction will provide the necessary area to develop Oiltanking’s Texas Independent Deepwater Expansion (TIDE) terminal, the company explained.

During the initial phase of development, construction of a finger pier will begin with two deepwater berths of up to 14 m draft. The new terminal has ready-to-build land available to construct over 1.6 mill cu m of storage, pipelines and additional jetties, as needed, for crude oil, petroleum and gas products in the Houston market.

Upon completion of the initial development phase, the terminal will form
an export/import/blending hub alternative in the Houston market by creating a logistics platform with significant flexibility and optionality, Oiltanking claimed.

The TIDE terminal is close to Oiltanking’s existing Texas City terminal, which offers around 550,000 cu m of liquid petroleum products,
renewables, chemicals and gas storage capacity. Th
is terminal has rail and truck facilities and has two berths for vessels with up to 12 m draft, plus eight barge docks.

Texas City is home to a large refinery market and several chemical companies. It is also a short sailing time to the sea and the uncongested marine traffic position makes the port a highly valuable player in the Houston market, Oiltanking said.  

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