Moda Midstream has announced plans to expand its dock capabilities and storage capacity at the Moda Ingleside Energy Centre.
The expansion programme comprises the construction of an additional 10 million barrels of crude oil storage as well as expansion of its docks. Nearly all of the new storage tanks will be placed in service throughout 2019, and the expansion will be completed by the second quarter of 2020.
Additionally, Moda has begun the construction of a new manifold and interterminal pipeline to allow the facility to receive direct 'basin to berth' deliveries from the Cactus II Pipeline, Gray Oak Pipeline and Epic Crude Oil Pipeline. These upgrades will be completed prior to the pipelines' expected in-service dates.
Once the expansion programme is complete the facility will have combined vessel loading rates of 160,000 barrels per hour and improved berthing efficiencies. Additionally, the Corpus Christi Ship Channel improvement project, when completed, will increase the depth from 47 feet below mean lower low water to 54 feet below mean lower low water, which will allow for the loading of increased volumes on VLCCs at the facility.
The company recently commissioned upgrades to berth 2A at the facility in Ingleside, Texas, to enable the loading of VLCCs. This upgrade provides existing and potential customers the ability to safely and cost-effectively load VLCCs at rates of up to 80,000 barrels per hour.
President and CEO Bo McCall says: 'As the gateway to foreign markets for Permian and Eagle Ford crude production, MIEC has seen very strong customer demand, and we have had tremendous success in securing new customer commitments to support our ongoing expansion.
'Based on current customer interest, we are evaluating additional expansion phases that would increase available storage and waterfront capabilities at our 900-acre site, allowing us to deliver exceptional service and reliability to new and existing customers.'
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