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Texas COLT, a joint venture between Enbridge Inc. and Oiltanking Partners, proposes to construct, own and operate a deepwater export terminal in the Gulf of Mexico, off the coast of Freeport, TX, to export domestically produced crude oil.
The proposed project includes an offshore platform and two offshore loading single point mooring buoys capable of fully loading a two-million-barrel Very Large Crude Carrier (VLCC) in about 24 hours. These offshore facilities will be connected by a 28-mile-long, 42-inch-diameter pipeline to an onshore tank farm that will have up to 15 million barrels of storage capacity.
The onshore storage terminal will include a pump station consisting of twelve 7,000-horsepower pumps. The project would also include four onshore crude oil pipelines and associated facilities to connect to domestic crude oil supply.
Texas COLT submitted an application to the U.S. Maritime Administration (MARAD) in January 2019, and plans for the offshore terminal to be in service by 2022.
- Type: Offshore crude oil loading terminal
- Status: Under review
- Pipeline length: 27.8 miles
- Port loading capacity: 85,000 barrels per hour
- Product exported: Crude oil (various grades)
- Expected in-service date: 2022
- Ownership: Enbridge Inc. and Oiltanking Partners
- Operator: Texas COLT