Texas GulfLink, a proposed deepwater crude oil export terminal near Freeport, Texas, will be developed by Dallas based Sentinel Midstream. Once completed, the facility will be capable of fully loading VLCCs.
An onshore terminal with as much as 18 million barrels of storage, an offshore 42-inch pipeline, and a manned offshore platform to facilitate port operations with two catenary anchor leg mooring single-point mooring buoys will be included in the Texas GulfLink crude oil export terminal project.
Over the course of a year, export loading rates projections will be as much as 85,000 barrels per hour, with a nominal capacity of 1.2 million barrels per day.
“Texas GulfLink will provide the United States with an economical solution to clear the over-supply barrels destined for the Gulf Coast,” said Jeff Ballard, Sentinel Midstream president and chief executive officer.
In order to justify the capital investment, the Texas GulfLink project has secured necessary commercial support. The company is preparing its submission of a formal permit with the US Maritime Administration.