立即注册,

不到 60 秒您即可继续访问:最新资讯提要分析主题和专题大宗商品视频、播客和博客样本市场价格和数据专题报道订阅用户通知和每日大宗商品电子邮件提醒

已有帐户?

登录以注册

忘记密码

请注意:Platts Market Center 订阅用户只能通过 Platts Market Center 重置密码

请在下面输入您的电子邮件 ID,我们将给您发送一封包含您密码的电子邮件。


  • 电子邮件地址* 请输入电子邮件地址。

如果您是高级订阅用户,出于安全原因,我们无法向您发送您的密码。请联系客服团队

如果您是 Platts Market Center 订阅用户,若要重置密码,请转到 Platts Market Center 重置您的密码。

在此列表中
石油 | 船运

Magellan may partner with Sentinel on Texas oil export terminal

船运

Platts Dirty Tankerwire

Bunker Fuel | 石油 | 原油 | 液化石油气 (LPG) | 石油风险 | 成品油 | 燃料油 | 汽油 | 航油 | 石脑油

appec

煤炭 | 电力 | 可再生能源 | 液化天然气 (LNG) | 天然气

分析:随着行业重新调整,亚洲未来的LNG进口项目将被搁置

Magellan may partner with Sentinel on Texas oil export terminal

亮点

Magellan would connect the Texas GulfLink terminal to its Houston hub

In January, Sentinel signed Freepoint Commodities as a partner

Enterprise Products and Enbridge recently teamed up on competing project

Houston — Magellan Midstream Partners said Friday it may partner with Sentinel Midstream on plans to build a deepwater oil-exporting terminal offshore the Houston area.

尚未注册?

接收每日电子邮件提醒、订阅用户通知并获得个性化体验。

立即注册

The race to build offshore oil terminals is heating up as projects consolidate and companies compete to be the first movers in the region to accommodate Very Large Crude Carriers to move oil from the Gulf of Mexico.

If Magellan and Sentinel marry their efforts, Sentinel would still lead the Texas GulfLink project, while Magellan would build the pipeline to connect its large East Houston storage and distribution system to the offshore terminal. The deeper water depths offshore are needed for the VLCCs to load up to capacity.

In January, Sentinel added momentum by signing on oil and gas trader Freepoint Commodities as a new partner on the project. Texas GulfLink, as proposed, would to load up to 1 million b/d of crude, essentially able to fill up one VLCC in two days.

Magellan has long weighed whether to build its own deepwater terminal offshore Houston or Corpus Christi, but it never submitted any formal plans, and it is now focused on teaming with Sentinel. Magellan declined to give any specifics on when a final decision may be reached.

STAUNCH COMPETITION

Texas GulfLink is competing directly with the SPOT Terminal proposed by Enterprise Products Partners and, now, Enbridge. SPOT - Sea Port Oil Terminal - received a final investment decision from Enterprise last summer after Chevron signed on as the anchor customer. In December, Enbridge decided to abandon its competing Texas COLT project and partner with Enterprise instead.

SPOT would be able to load 2 million b/d and simultaneously two VLCCs at a time. Both SPOT and Texas GulfLink are proposed to be built about 30 miles offshore of Freeport. Still, there is some debate about whether there will be enough demand to satisfy the existence of two nearby offshore terminals. So there is the possibility that only one will be built.

SPOT is considered to have a head start. Enterprise has said it expects to receive a federal permit for SPOT in the second quarter of 2020, with construction taking up to two years.

BEVY OF PROPOSALS

The United States is currently exporting close to 3.5 million b/d of crude oil with the capacity to ship out more than 7 million b/d, according to S&P Global Platts Analytics. If all the proposed projects are built, the capacity would rise to more than 13 million b/d by the end of 2021 with export volumes only expected to approach 4.5 million b/d by then, according to Analytics.

Texas GulfLink and SPOT are two of the four offshore oil terminals with applications pending review under the US Maritime Administration.

The others are proposed for offshore of Texas near Corpus Christi: the Phillips 66-led Bluewater project and the Trafigura-led Texas Gulf Terminals.

Other proposed deepwater projects that have not filed their applications include Texas terminals offshore of Brownsville and Nederland, Texas, as well as one in southeastern Louisiana. Energy Transfer CEO Kelcy Warren said earlier this week that it is moving forward with its project offshore of Nederland, but that a final investment decision won't come until later this year.

Only one Gulf of Mexico port, the Louisiana Offshore Oil Port, called LOOP, can fully load VLCCs currently without lightering from smaller vessels.