Enterprise, Enbridge join forces to develop offshore crude oil export terminal
https://www.chron.com/business/energy/article/Enterprise-Enbridge-join-forces-to-develop-14892372.php?cmpid=ffcpDecember 9, 2019
Houston pipeline operator Enterprise Products Partners and Canadian pipeline operator Enbridge have signed an agreement to develop an offshore crude oil export terminal in the Gulf of Mexico about 30 miles south of Brazoria County.
The companies agreed to jointly develop Enterprise's proposed Sea Port Oil Terminal, an offshore export terminal that will be able to accommodate supertankers known as Very Large Crude Carriers, or VLCCs, capable of hauling 2 million barrels of crude oil in a single shipment.
If the proposed project is approved by federal regulators, Enbridge will be able to buy an ownership stake in the project.
In a statement, Enbridge reported that the company still plans to develop a second deepwater port known as Texas COLT about 50 miles west of Enterprise's SPOT export terminal....
