Sentinel Midstream Holding will operate the upcoming Jones Creek IV liquids storage terminal, located in Texas, the US. According to GlobalData, who tracks more than 5,000 active and developing liquids storage terminals worldwide, the liquids storage terminal will be owned by Sentinel Midstream Holding and is expected to start operations in 2024. Buy the profile here.
Expected to be operational in 2024, the terminal will primarily store crude oil and will have pipeline and sea access.
Key specifications of the storage terminal-
Storage Capacity (bbl): 60,43,032
Tank Size Min (bbl): 7,55,379
Tank Size Max (bbl): 7,55,379
Number of Tanks: 8
During the period 2021-2025, the Jones Creek IV storage terminal is expected to witness an estimated capex of $355.1m.
For more details on the Jones Creek IV liquid storage terminal, buy the profile here.