Crude Oil Marine Terminal News

Enterprise Products Partners on Tuesday said it expects to have two contracts for its proposed deepwater oil export terminal by May 31 and reach a final investment decision before year-end.Enterprise's ambitious Sea Port Oil Terminal (SPOT), proposed off for a site off the coast of Texas, would be able to load two supertankers at a single time. It received a key government license this month, but is yet to sign any commercial customers.The cost of the project has soared to about $3 billion…

The U.S. Army Corps of Engineers issued a Notice stating that it intends to prepare a draft supplemental environmental impact statement (EIS) relating to the proposal to construct the Pacific Energy crude oil marine terminal at Pier 400 in the Port of Los Angeles. This proposal includes, among other things, deep draft navigational improvements that would allow berthing by vessels with drafts of up to 79.5 feet (24.2 meters). 69 Fed. Reg. 35588 (HK Law)