Port of Corpus Christi Booms on the Back of Eagle Ford Growth

With Eagle Ford Production Growing, Most Oil Tankers Leave the Port Full
Oil Tanker Leaving Port of Corpus Christi

Empty Oil Tanker Leaving Port of Corpus Christi – Click to Enlarge

We spent part of the week at the Fall Eagle Ford Consortium Conference and were able to attend a tour of the Port of Corpus Christi. In the past, oil was arriving on a regular basis, but Eagle Ford exports to other parts of the U.S. are outpacing imports for the first time. The Port is booming.

More than $3.8 billion in projects are under construction and another $10.7 billion are in some phase of permitting at the Port. The largest project being considered is a $10 billion natural gas liquefaction plant that has been proposed by Cheniere Energy. [Read more…]