The rapid construction of crude oil pipelines to transport oil from the Eagle Ford and Permian shale fields has resulted in the Port of Corpus Christi reporting its biggest month ever for tonnage in September.
The port shipped 12.2 million tons last month, a gain of 27% over September of 2018 and the ports largest month for shipping ever.
Increases in crude oil exports resulting from new pipeline services drove exports up 25% from the previous quarterly highs, and 7% gains over the 2018 nine-month record.
The Port of Corpus Christi has begun receiving crude oil from Plains All-American's Cactus II pipeline, as well as EPIC Midstream's Y-Grade pipeline. The Phillips 66 Gray Oak Pipeline is expected to come online later this year, and the three pipelines together will add an estimated 2.5 million barrels per days of incremental pipeline capacity from the Permian Basin to Corpus Christi.
“These numbers continue to tell the story of the United States’ emergence as a stable, preferred supplier
of energy to the global markets,” said Sean Strawbridge, Chief Executive Officer for the Port of Corpus
Christi. “Increasing global demand for both crude oil and natural gas from the U.S. continues to drive our
growth and investment in the much-needed improved coastal infrastructure. We will have the deepest
draft ship channel in the entire U.S. Gulf Coast by the first quarter of 2020, thereby making the Port of
Corpus Christi gateway arguably the most competitive on the entire coast.”
The Port of Corpus Christi’s $410 million Channel Improvement Project is fully underway with Great Lakes
Dredge and Dock Company, and more than half of the necessary funds have been appropriated for the
work from both the federal government and the Port Authority.
“The Port of Corpus Christi has lived up to its title as the Energy Port of Americas™, and the ongoing and
planned improvements to our infrastructure will only further cement its place on that mantle,” said
Charles W. Zahn Jr., Port of Corpus Christi Commission Chairman. “We look forward to doing our part to
ensure American energy powers a brighter tomorrow for our nation and the world.”
Photo: Getty Images