The Port of Corpus Christi has gone from moving less than 10,000 b/d of crude oil in 2011 to approximately 200,000 b/d in August 2012 to almost 350,000 b/d now.
Ships are now standing in line to move Eagle Ford crude and port expansions simply won’t come fast enough.
“The longest [wait] I’ve seen is about seven days,” Ray Harrison, the port’s assistant harbor master said last Friday.
There are several construction projects underway or in the works
- A new dock that can handle two 30,000 barrel barges will be in service this month
- A new public dock has been approved that can handle four 30,000 barrel barges
- Two other private projects on port land are being designed to load ships with 500,000 barrel capacity
- Trafigura Terminals is expanding and will be able to handle three medium-range tankers and two inland barges at the same time
As noted by RBN Energy, approximately 30% of the oil shipped out of the port is headed for Morgan City, almost 30% is headed for Houston, another ~10% Beaumont, and ~10% to Texas City. The rest is sent to various locations throughout Texas and Louisiana.