According to Energy Global, a news website targeted specifically at the global energy sector, Howard Midstream Energy Partners LLC has announced that its subsidiary, Dos Águilas LLC plans to permit, construct and operate its proposed Dos Águilas project.
The project is an open access system of refined products terminals and pipelines spanning from Corpus Christi, Texas to Laredo, Texas and then on to northern Mexico markets through deliveries to Nuevo Laredo, Tamaulipas and Santa Catarina, Nuevo León, near Monterrey.
Pending all government approvals, the project is anticipated to be in-service in 1Q18.
The Dos Águilas project includes four new refined liquids terminals with a total combined capacity of 1.15 million bbls and approximately 287 miles of 12 in. pipeline with 72 000 bpd of initial capacity. It is to have the capability to expand to up to 90 000 bpd.
In the United States, the project comprises a new terminal located in Robstown, Texas, near Corpus Christi and a 141 mile pipeline between Robstown and a new terminal in Laredo, Texas. The project also includes 10 miles of pipeline from Laredo to the Rio Grande River and border crossing facilities.
In Mexico, the project will comprise 12 miles of pipeline from the Rio Grande River to a new terminal in Nuevo Laredo and 124 miles of pipeline from Nuevo Laredo to a new terminal in Santa Catarina, near Monterrey.
“The Dos Águilas project is another example of how the 2013 Energy Reform in Mexico is creating a competitive market environment and lowering prices for Mexican consumers. Additionally, by directly connecting refineries in Corpus Christi with multiple markets in northern Mexico, we are essentially opening the door to a whole new customer base for Texas refiners,” said Mike Howard, Howard Energy Partners Chief Executive Officer. “Howard Energy has always operated under the philosophy that what is good for Mexico is good for South Texas,” said Howard. “We continue to believe in this philosophy and the Dos Águilas project is our second major venture in Mexico, along with our cross-border Nueva Era natural gas pipeline which is expected to be in-service next year.
These two projects are testaments to increasing customer demand, our deep-rooted belief in the growing Mexican energy market, and the great partnerships and relationships we have developed there.”
Source: http://www.energyglobal.com/