The Jefferson’s terminal has more than 4.3 million barrels of heated and unheated storage servicing capacity. Credit: Viktor Kharlashkin on Unsplash.

Jefferson Energy Companies has secured a contract to provide terminal services to ExxonMobil in the US.

The contract involves the construction of approximately 1.9 million barrels of new storage capacity at the Jefferson Energy terminal located on the Neches River in the heart of ExxonMobil’s Beaumont refining complex in Texas, US.

Go deeper with GlobalData

Premium Insights

The gold standard of business intelligence.

Find out more

Related Company Profiles

View all

Operating since 2012, the terminal currently has more than 4.3 million barrels of heated and unheated storage servicing capacity for crude oil and refined products.

In addition, Jefferson, a unit of Fortress Transportation and Infrastructure Investors (FTAI), will build five connecting pipelines between the Beaumont refinery and Jefferson Energy terminal.

The work is expected to boost the utilisation of its existing marine infrastructure, Jefferson said.

ExxonMobil’s Fuels and Lubricants division Americas business development manager Anant Patel said: “The expansion adds strategic value for ExxonMobil and our Beaumont refinery complex.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

“Increasing our logistics capability will help us better serve our customers.”

Jefferson Energy has already commenced engineering and construction for this second phase of the Jefferson Energy terminal master plan, which aims to boost total storage capacity to approximately 6.2 million barrels.

Earlier this year, FTAI and Jefferson Energy completed the construction of the Cross Channel Pipelines project, which links the Jefferson Energy terminal to ExxonMobil’s Beaumont refinery in Texas.

FTAI chairman and CEO Joe Adams said: “Combined with the successful completion of the ExxonMobil Cross Channel Pipelines project in February 2021, this project further strengthens the strong relationship between ExxonMobil and Jefferson Energy.

“We are excited to again be working with ExxonMobil to build a domestic and international refined products hub while providing safe, best in class logistics optionality to ExxonMobil for years to come.”