HomeMagazine2019April 2019, Vol. 246, No. 4Moda Looks at 2nd Supertanker Berth to Handle 3 New Pipelines

April 2019, Vol. 246, No. 4

Global News

Moda Looks at 2nd Supertanker Berth to Handle 3 New Pipelines

Moda Midstream LLC is considering building a second berth at its Ingleside, Texas, crude export terminal to accommodate supertankers, the company’s chief executive, Bo McCall, said. The expansion to the terminal that loads oil tankers will come as three major pipelines open in the second half of this year. Moda is also increasing the facility’s crude storage capacity from 2 million to 12 million barrels. “When these new pipelines come online, there is going to be close to 3.5 million barrels a day coming into the market,” McCall said. “Demand is very strong. And we’re working very fast.” Moda will decide if it will modify one of its berths to accommodate supertankers within three months.

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