Monday, April 8, 2024

Enterprise Product Partners deepwater port license has been upheld by U.S. Appellate Court.

Happy Monday! Welcome back to another week of ESC News Blog! 

Did anyone happen to read the Oil & Gas Journal’s Daily Update Newsletter on April 8, 2024, their article titled, “Federal appeals court says EPP can move forward with offshore Texas oil-export terminal”?  The article speaks on the decision the U.S. Fifth Circuit Court of Appeals made last week on a Petition for Review brought by several environmentalists against the Department of Transportation Maritime Administration (MARAD) for their approval of Enterprise Products Partners (EPP) LP deepwater port license which was given in 2022.  MARAD gave approval for the deepwater port license of EPP’s Sea Port Oil Terminal (SPOT) off the coast of Texas back in the Fall of 2022, after a four-year environmental review.  The US Appeals Court denied the Petition for Review, and EPP may continue with its project.  This deepwater port license is just one of a series of licensing and approvals the company needs on its way to build a seaport terminal, and they have yet to release their final investment decision on the project.  EPP proposed seaport off the coast of Texas is expected to handle very large crude carriers (VLCC) which hold 2-million-bbl of liquid product, and it will be able to fill them in a day.  EPP’s SPOT will be in 115 feet of water in the Gulf of Mexico, and it will be tied to the shore by two 36-in. bidirectional pipelines which tie into a 4.8-million-barrel storage facility in Brazoria County, Texas.    If you would like to read more about the U.S. federal appeals court’s decision about EPP’s SPOT from The Oil and Gas Journal, please click the link: Federal appeals court says EPP can move forward with offshore Texas oil-export terminal | Oil & Gas Journal (ogj.com).

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We hope you have a wonderful evening! 

**Disclaimer: You may be charged a fee to read The Oil and Gas Journal’s article. **