New Collaboration at Port to Serve Growing Global Energy Demand

Jul 20, 2017

 

Collaboration between the Port of Corpus Christi and Howard Energy Partners is set to bring a new deep-water dock for Suezmax-class oil tankers, extensive storage capacity, and eventual pipeline capacity of at least 90,000 barrels a day to ship refined products to Northern Mexico.

The port is set to spend up to $50 million to build a new dock with loading capacity of 30,000 to 50,000 barrels per hour.

Howard Energy is expected to spend up to $150 million over the next five years to build a facility on the north side of the Corpus Christi Ship Channel within the Inner Harbor at the Port of Corpus Christi.  Plans include the design, construction, and operation of a rail terminal, and a petroleum and petroleum products storage facility.  Howard Energy Partners intends to connect the facility with its proposed Dos Aguilas pipeline to Monterrey, Mexico.

Port Corpus Christi Approves Lease Agreement for 41 Acres on Inner Harbor with Howard Energy Partners

Port Corpus Christi Approves Lease Agreement for 41 Acres on Inner Harbor with Howard Energy Partners

Port of Corpus Christi Commissioners unanimously approved a long-term lease agreement with Howard Energy Partners at the July 2017 meeting of the port commission.

This partnership will result in the further balancing of U.S. trade while providing energy exports to the international market, especially Mexico.

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press release

San Antonio Express-News – San Antonio’s Howard Energy building $150 million storage and export facility in Corpus 

San Antonio Business Journal – Howard Energy subsidiary approved for Port Corpus Christi terminal

AJOT – Port Corpus Christi approves lease agreement for 41 acres with Howard Energy Partners

TankTerminals.com – Port Corpus Christi Approves Lease Agreement for 41 Acres on Inner Harbor with Howard Energy Partners

Longview News-Journal – Howard Energy builds $150M Corpus facility

The Oil & Gas Year – Port of Corpus Christi to get new infrastructure 

Corpus Christi Caller Times – Company gets lease agreement at Port of Corpus Christi; plans pipeline to Mexico

Connect CRE – 41 – Acre Lease Agreement Approved with Energy Company

Market Report Company – Port Corpus Christi approves 41-acre lease agreement with Howard Energy Partners

Splash24/7 – Port of Corpus Christi agrees 30-year lease and development project with Maverick

infomarine on-line – Port of Corpus Christi to get a Suezmax-capable oil dock

Crude Oil Daily – Port Corpus Christi Approves Lease Agreement for 41 Acres on Inner Harbor with Howard Energy Partners

BIC Magazine – Port Corpus Christi approves lease agreement for 41 acres on Inner Harbor with Howard Energy Partners

the Waterways Journal – Port of Corpus Christi Poised for Explosive Growth

MarineLog – Port of Corpus Christi to get a Suezmax-capable oil dock