Moda Drinks In Success From ‘Best Water’

The company’s CEO describes how its terminal in Ingleside, Texas, connects the Permian Basin to the largest crude oil carriers in the world.

Basra VLCC

Basra, a VLCC operated by Al-Iraqia Shipping Services & Oil Trading (AISSOT), arrives at Moda Midstream’s Ingleside, Texas, dock. (Source: Signet Maritime video)

Moda Midstream jumped in at Ingleside, Texas, because the water’s fine. So fine, in fact, that the terminal company’s facility can service very large crude carriers (VLCCs), the world’s biggest tankers, which is not common at U.S. ports.

“As a terminal guy, everything starts with the water,” said Moda Midstream CEO Bo McCall at Hart Energy’s recent Midstream Texas conference and exhibition. “Your capacity, all the things that are important in my business, start with the water. I can say there’s no water better than this.”

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Joseph Markman

Joseph Markman, senior editor for Hart Energy, covers markets and provides data analysis for all Hart Energy editorial products.