Driven by talks of exports; companies announcing projects:
- Kinder Morgan Energy Partners
- Oiltanking Partners
- GT Logistics LLC
- To open OmniPort in January, 2012, Port Arthur, TX
- 300 acres of on-site rail car storage
- $95 million project
- KMEP will participate in Battleground Oil Specialty Terminal Co LLC (Bostco)
- Houston Ship Channel
- Initial phase: 52 storage tanks; combined capacity of 6.6 million bbls
- Will be able to handle ships with drafts up to 45 feet
- To enter service by 3Q13
- $400 million project
- Two oil pipelines and 1 million bbls of oil storage in Houston Ship Channel
- Cited expected US shale and Canadian oil sands crude oil coming to the Gulf Coast
- To be completed by 1Q13
- $85 million project
- Brings capacity of all products up to almost 20 million bbls
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