As informed, the upgrades will enable loading of VLCCs at rates of up to 80,000 barrels per hour.
“Today we are loading our fourth VLCC at MIEC since late December,” Bo McCall, Moda President and CEO, said.
“With today’s commissioning of our upgrades to Berth 2A, we now have the US Gulf Coast’s most efficient crude export loading rates,” McCall added.
Moda also announced it has commenced a further expansion of its docks, which originally were designed by the US Navy to support a battleship and aircraft carrier group. Upon completion, MIEC will have combined vessel loading rates of 160,000 barrels per hour and improved berthing efficiencies.
MIEC has worked with the US Coast Guard and the Aransas-Corpus Christi Pilots to ensure efficient transit times and safe berthing of vessels. In addition, the Corpus Christi Ship Channel Improvement Project, when completed, will increase the depth from 47 feet below mean lower low water (MLLW) to 54 feet below MLLW, which will allow for the loading of increased volumes on VLCCs at MIEC.
As part of the expansion program, Moda has commenced construction of an additional 10 million barrels of crude oil storage. Substantially all of the new storage tanks will be placed in service throughout 2019, and the expansion will be complete by the second quarter of 2020, according to the company.
Moda has begun construction of a new manifold and interterminal piping to allow MIEC 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. MIEC will be able to receive simultaneous deliveries from these three new “next generation” long-haul crude pipelines at their full mainline rates.
“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,” McCall said, adding that Moda is evaluating additional expansion phases that would increase available storage and waterfront capabilities at its 900-acre site.
MIEC has approximately 2.1 million barrels of oil storage capacity and receives deliveries from the Cactus Oil Pipeline.
As informed, the upgrades will enable loading of VLCCs at rates of up to 80,000 barrels per hour.
“Today we are loading our fourth VLCC at MIEC since late December,” Bo McCall, Moda President and CEO, said.
“With today’s commissioning of our upgrades to Berth 2A, we now have the US Gulf Coast’s most efficient crude export loading rates,” McCall added.
Moda also announced it has commenced a further expansion of its docks, which originally were designed by the US Navy to support a battleship and aircraft carrier group. Upon completion, MIEC will have combined vessel loading rates of 160,000 barrels per hour and improved berthing efficiencies.
MIEC has worked with the US Coast Guard and the Aransas-Corpus Christi Pilots to ensure efficient transit times and safe berthing of vessels. In addition, the Corpus Christi Ship Channel Improvement Project, when completed, will increase the depth from 47 feet below mean lower low water (MLLW) to 54 feet below MLLW, which will allow for the loading of increased volumes on VLCCs at MIEC.
As part of the expansion program, Moda has commenced construction of an additional 10 million barrels of crude oil storage. Substantially all of the new storage tanks will be placed in service throughout 2019, and the expansion will be complete by the second quarter of 2020, according to the company.
Moda has begun construction of a new manifold and interterminal piping to allow MIEC 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. MIEC will be able to receive simultaneous deliveries from these three new “next generation” long-haul crude pipelines at their full mainline rates.
“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,” McCall said, adding that Moda is evaluating additional expansion phases that would increase available storage and waterfront capabilities at its 900-acre site.
MIEC has approximately 2.1 million barrels of oil storage capacity and receives deliveries from the Cactus Oil Pipeline.
Press Releases: MODA
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