MNI: PBOC To Aim To Drive Inflation Higher- Advisors

MNI: China To Issue More Bonds As Stimulus Targets Consumption

MNI BRIEF: ECB Should Be Close To 2% In Next Quarters -Centeno

MNI: PBOC To Aim To Drive Inflation Higher- Advisors

MNI: China To Issue More Bonds As Stimulus Targets Consumption

MNI BRIEF: China Nov M1 Decline Narrows, M2 Slows

EZ/UK T-Bill Calendar: 8/13/28/50-Week BTF Auction on Monday

EZ/UK Bond Supply Calendar: 4.125% Jul-29 Gilt Due on Tuesday

MNI: CANADA OCT WHOLESALE SALES +3.3%; EX-AUTOS +0.5%

MNI EXCLUSIVE: EU-Mercosur Deal Close, But Likely Short-Lived - Officials

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

OIL: Enbridge Looking to Expand Gray Oak Oil Pipeline Capacity to Corpus Christi

OIL

Enbridge looking to sell new space on a crude pipeline to the Corpus Christi oil port in Texas could help to alleviate constrained pipeline capacity at the key export hub according to Bloomberg.

  • The operator is looking to add as much as 120kb/d of capacity on the 900kb/d Gray Oak pipeline with commitment from shippers. The pipeline transports crude from West Texas to Corpus Christi and Freeport.
  • Corpus Christi feeder pipelines including EPIC and Plains All American’s Cactus are operating at full capacity forcing exporters to switch to other Texas ports around Houston, Beaumont, Port Arthur and Nederland. 
  • Ports around the Corpus Christi area account for over half of US oil exports and is the location for the majority of the most economical supertanker-loading capacity.
  • The Gray Oak expansion doesn’t involve new construction, instead using drag-reducing agents to allow a faster oil flow.
BulletEnergy BulletsCommodities
BulletEnergy BulletsCommodities

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.