Jefferson Energy operates the Port Neches III liquids storage terminal, which is located in Texas in the US. This liquids storage terminal became operational in 2012 and is owned by Jefferson Energy.
The terminal, which is accessible by rail, road, and sea, primarily stores crude oil and petroleum products.
Key specifications of the storage terminal
Storage Capacity (bbl): 43,00,000
Tank Size Min (bbl): 1,00,000
Tank Size Max (bbl): 1,00,000
Number of Tanks: 20
Port Neches III storage terminal is undergoing an expansion, which will increase its storage capacity by 19,00,000bbl.
During the period 2021-2025, the Port Neches III storage terminal is expected to witness an estimated capex of $71.14m.
Methodology
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.