Colonial Terminal Logistics is offers marine export capabilities to Colonial Pipeline shippers through Enterprise Products Partners' Beaumont terminal.
This will allow Colonial Pipeline shippers to move product from 13 Gulf Coast refineries to the Beaumont Terminal for loading onto vessels for transportation to the Florida retail marker, as well as for export to foreign destinations.
Colonial can provide customers firm dock capacity rights and will also have access to as much as two million barrels of new storage at the Beaumont facility.
Colonial says its long term vision is to move products for marine export from multiple terminals in the greater Beaumont/Port Arthur/Orange area. Its marine logistics services, which are cost advantaged to refined product services offered on the Houston Ship Channel, include storage, blending and dock usage solutions.
Bill Ordemann, executive vice president, commercial, for Enterprise's general partner, says: 'We are pleased to execute this agreement with Colonial Terminal Logistics, which expands the effective reach and increases volume for our Beaumont refined products marine terminal and storage complex.
'Our Beaumont facility is part of one of the most extensive marine terminal networks along the Gulf Coast and is uniquely positioned to provide flow assurance and market choices for refined products.'
Excelling in a mature marketFeeding the world's energy appetite Transforming storage for a diverse market A global storage picture New brand, same mission Germany: Europe''s economic success story Drones: new technology in the tank inspector's toolkit Drone inspection: a time-quality-money solution Engineering against the flames Restoring fire detection confidence