Trafigura To Buy Pipeline Oil for Corpus Export: TradeWinds News
Trafigura says it has signed a long-term commitment to buy crude oil shipped to a Corpus Christi terminal, according to TradeWinds News.
"The move signals that the company intends to play a major role in fostering the growing market for crude oil exports from the US.
"Trafigura said it will receive up to 100,000 barrels of crude oil and condensate delivered via a pipeline from the prolific Permian Basin oil field to the company's jointly owned export terminal at Corpus."
By Mike Shiloh
Copyright July 10, 2017, Mike Shiloh, Texas Energy Report LLC, www.texasenergyreport.com, All rights are reserved