Port of Corpus Christi, Carlyle to Develop Oil Export Terminal

The Port of Corpus Christi Authority announced it has entered into an agreement with The Carlyle Group to work exclusively to develop a world-class crude oil export terminal on Harbor Island, connecting growing crude oil production in the United States with global markets. The Terminal would be the first onshore location in the United States capable of providing export service to fully-laden very large crude carriers (VLCCs) and would further the Port's position as the preeminent global crude oil export hub....

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