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Sunday, 15 April 2018

Enterprise buys 65-acre site on Houston Ship Channel




Enterprise Products Partners LP (EPD) said that it has purchased a 65-acre waterfront site on the Houston Ship Channel. This will serve as the next phase of expansion at the Enterprise Hydrocarbon Terminal (EHT).
Located immediately to the east of EHT, the property features two existing docks, dredging infrastructure that will be utilized for maintenance and dock expansion at the site, and land for significantly expanding Enterprise’s marine terminaling capabilities. Future plans include construction of at least two deepwater docks capable of accommodating Suezmax vessels.
Combined with the EHT complex, the newly acquired assets will be part of Enterprise’s premier Gulf Coast network of marine terminals that includes 18 ship docks, and eight barge docks. In addition, Enterprise’s Gulf Coast infrastructure system features access to approximately 125 pipelines, 400 million barrels of storage and every refinery in the Houston, Beaumont, Port Arthur and Texas City region, representing more than 4 million barrels per day of capacity.

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