Trafigura has received its first delivery of Permian crude oil from Plains All American’s Cactus II pipeline at the Buckeye Texas Partners terminal in Corpus Christi, Texas.
Trafigura and Buckeye have worked together to achieve early service commissioning and receipts prior to full Cactus II operations, through connected infrastructure in the Eagle Ford basin. Further direct connections and interconnectivity, which will provide enhanced service capabilities, will be completed at Buckeye Texas Partners in Corpus Christi once the Cactus II pipeline is fully operational.
The pipeline will have the capacity to deliver more than three million barrels per day into the broader Corpus Christi market.
Corey Pologo, director of Trafigura Trading, North America, says: ‘Trafigura has a significant long-term volume commitment to move crude oil from the Permian Basin via Cactus II. This delivery further builds our position as the leading exporter of US crude oil and refined products as we utlise our global customer base and marketing skills to place barrels with end customers cross the world.’
Khalid Muslih, president of global marine terminals for Buckeye, adds: ‘Buckeye continues to be at the forefront of developing critical last-mile infrastructure to support growing US crude oil and petroleum product exports. Upon completion of the first phase of development across our South Texas facilities, we will be able to provide customers with access to broader domestic and international markets via our premier outlets offering over one million barrels per day of export services.’