NuStar Energy LP received the first shipment of crude oil from the Permian Basin at its terminal in Corpus Christi, Texas, delivered through a connection to Plains All American Pipeline LP's Cactus II pipeline.
NuStar completed a project connecting its existing 16-inch pipeline in South Texas to Cactus II, which moves West Texas Intermediate crude from the Permian to south Texas. With the first shipment received, the partnership will load its first cargo of the crude at its Corpus Christi North Beach terminal for export this weekend, according to an Aug. 14 news release.
The partnership is also close to completing connections of its South Texas pipeline system to two other long-haul pipelines that will also carry WTI volumes from the Permian to south Texas, as it capitalizes on the anticipated growth in Gulf Coast crude exports.
"[W]e will soon be the first in the Port of Corpus Christi to export these barrels transported to South Texas via one of three large Permian long-haul pipeline projects," President, CEO and director Bradley Barron said in the release. "The second stage of our export project, a new 8-mile, 30-inch pipeline to transport WTI volumes from a connection to Cactus II in Taft, Texas, to our Corpus Christi terminal is also on schedule to be in service this quarter."
San Antonio-based NuStar is one of the largest independent liquids terminal and pipeline operators in the U.S.