Sept. 05–Flint Hills Resources is planning to expand its Ingleside crude oil export facility as exports of U.S. crude continue to ramp up along Texas’Gulf Coast.
The terminal expansion will include four new crude oil storage tanks and 60,000 barrels per hour of loading capability. The Wichita, Kansas company said the terminal will have a loading capacity of 380,000 barrels a day and storage capacity of about 4 million barrels when the work is completed by October 2019.
Flint Hills did not disclose the cost of the project.
The Ingleside facility is located along the Corpus Christi Ship Channel, which is undergoing a multi-year, $327 million deepening and widening project.
The current terminal use two docks that can handle Suezmax-sized crude oil tankers, which can load 1 million barrels of oil. Flint Hills, which is a subsidiary of Koch Industries, Inc., said it is evaluating a separate project that would allow for Very Large Crude Carriers or VLCCs, which have a capacity of 2 million barrels, to be loaded.
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