Castleton Commodities International will operate the upcoming Joe Fulton Corridor liquids storage terminal, located in Texas in the US. Expected to start operations in 2022, the liquids storage terminal will be owned by Castleton Commodities International and Junction Energy Capital.
Expected to be operational in 2022, the terminal will primarily store crude oil and will have pipeline, rail, road, and sea access.
Key specifications of the storage terminal-
Storage Capacity (bbl): 15,00,000
Tank Size Min (bbl): 2,50,000
Tank Size Max (bbl): 2,50,000
Number of Tanks: 6
During the period 2021-2025, the Joe Fulton Corridor storage terminal is expected to witness an estimated capex of $25.6m.
About Castleton Commodities International
Castleton Commodities International LLC (CCI) is a merchant energy company that deploys capital across inhouse trading of physical products and financial instruments. The company offers products such as coal, crude oil, freight, fuel oil, iron ore, natural gas, natural gas liquids, petrochemicals, power, refined products, and others. It also owns and operates coal blending terminals and electric power generation facilities. CCI serves utilities and commercial end use customers. The company has operations in the US, Singapore and China. It was formerly known as Louis Dreyfus Highbridge Energy LLC. CCI is headquartered in Stamford, Connecticut, the US.
Information on the liquids storage terminal is sourced from GlobalData’s liquids storage terminal database that provides detailed information on all active and upcoming, liquids storage terminals globally. Not all companies mentioned in the article may be currently existing due to their merger or acquisition or business closure.