Exchange-listed trading of light, sweet delivered to the Houston Ship Channel has begun.
The terminal is located at the Port of Point Comfort in South Texas and is backed by long-term, fee-based contracts. NGL expects the terminal to be ready for commercial service in April 2017.
North Beach Terminal is scheduled for completion in the second quarter of 2017. In NuStar’s development plans, second dock will load Suezmax-class vessels, carrying about 1 million barrels of oil.