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Howard Completes Port Arthur Terminal
Texas-based midstreamer Howard Energy Partners (Hep) announced that it’s completed the expansions of its bulk liquid terminal facilities in Port Arthur and Corpus Christi, Texas. The completion of these projects increases HEP’s Gulf Coast terminal storage capacity to 2.6 million barrels with three ship docks, three barge docks, unit train loading capacity for up to two trains per day, and direct pipeline connectivity through wholly-owned pipelines to seven refineries. HEP began operating terminal facilities in mid-2014. “The substantial expansions at our Port Arthur and Corpus Christi facilities signify HEP’s commitment to designing and constructing fully-engineered facilities that are tailored to meet the exact needs of our customers,” said HEP Co-Founder and President Brad Bynum.
Coast Guard assists after shing vessel capsizes
The Coast Guard assisted in the rescue of four crewmembers from a shing vessel after it capsized near Sabine Pass on Tuesday morning. Eighth Coast Guard District watchstanders in New Orleans received an emergency position indicating radio beacon signal from the 65-foot shing vessel Captain M&M, which provided an approximate location of the vessel, and launched an Air Station Houston MH-65 Dolphin helicopter aircrew. Sector Houston-Galveston watchstanders launched a Station Sabine 45-foot Response Boat-Medium boat crew and sent out an urgent marine information broadcast with the vessel’s location.
Cheniere Signs 25-Yeara LNG Deal with Taiwan’s CPC
(Reuters) – U.S. liquefied natural gas (LNG) company Cheniere Energy Inc said on Friday it had signed a 25-year deal to supply Taiwan’s CPC Corp, which CPC valued at roughly $25 billion. Cheniere said it will sell 2 million tonnes of LNG per year on a delivered basis to the state-owned oil and gas company, starting in 2021. It said the purchase price will be pegged to the Henry Hub monthly average, plus a fee. The United States has become a major LNG exporter in the last two years, mostly due to the ramp up of Cheniere’s Sabine Pass terminal in Louisiana. The Houston-based company is also building the Corpus Christi terminal in Texas. The CPC deal, which is through Cheniere’s marketing arm, is not tied to a particular project or liquefaction train.
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