Nustar Energy Expects Crude Loadings to Double This Month

San Antonio-based NuStar Energy LP’s Corpus Christi, Texas, export terminal will double the crude loading by month’s end, Danny Oliver, a NuStar senior vice president, said in an interview. According to consultancy RBN Energy, the monthly average was 200,000 barrels per day this year and it reached to 280,000 barrels per day last week.

As new shale pipelines to the U.S. Gulf Coast opened last month, the crude arriving on EPIC Midstream and Plains All American Pipeline LP lines from the Permian Basin of West Texas and New Mexico increased.

NuStar expects loadings to reach up to 500,000 barrels per day by month’s end and up to 700,000 barrels per day by year-end. Last week, overall crude loadings at the Corpus Christi, Texas, export hub hit a record 1 million barrels per day.

“With our existing assets, we’ve been able to get 500,000-700,000 bpd with very little new capital,” Oliver said. “We have room to grow into our full capacity, it would just take building more barrels of storage.”

NuStar is set to finish constructing 600,000 barrels of new storage at the terminal by year-end. It may add another 1.5 million barrels of storage over about 15 months, with a total capacity of 5.4 million barrels.

Source:
pgjonline

Railroad Commission of Texas to Host 2016 Pipeline Safety Conference in San Antonio, Texas

The Railroad Commission of Texas (RRC) is hosting its 2016 Pipeline Safety Conference on August 24-26 in San Antonio, Texas.

The purpose of this conference is to educate the pipeline industry on both federal and state regulations. During the conference, attendees will have the opportunity to meet with RRC Pipeline Safety staff and inspectors, learn about safety changes at the RRC and how they will affect the industry, hear the new regulations that are coming from the federal and state levels, learn about services and products that will contribute to more efficient systems, and exchange ideas and best practices with peers in the industry.

Accommodations have been reserved at the Embassy Suites River Walk. For more information on rates and reservations, visit the Texas Gas Association website. The registration form and information on fees will also be available on their website.

For more information about the conference, visit Railroad Commission of Texas.