The Coastal Bend is a major exporter of U.S. crude oil and home to important energy infrastructure. If built, our proposed project would provide oil producers with a more efficient alternative for the export of crude oil.
Energy industry investments, such as BWTX, create economic benefits for local communities in the form of construction and full-time jobs, and revenues from property taxes. The project is expected to potentially generate approximately $13 million in regional tax revenues and more than 200 construction jobs and approximately 40 full-time jobs, with an estimated annual average salary of $70,000.
The mooring system is located approximately 21 nautical miles east of the entrance to the Port of Corpus Christi. Crude oil for BWTX will come from an onshore storage terminal located near Taft, TX, which will connect to the Gray Oak Pipeline and other third-party pipelines.
We are following a rigorous permitting process led by MARAD that includes input from dozens of other regulatory agencies to ensure compliance with all environmental and safety regulations, including minimizing impacts to sensitive ecosystems.
The agency will issue a Draft Environmental Impact Statement (DEIS) for the proposed BWTX offshore deepwater port in the fall, followed by a Final Environmental Impact Statement (FEIS). We anticipate a Record of Decision (ROD) on the permit from MARAD in 2022. The joint venture owners expect to make a final investment decision pending permit approval.
Project at a Glance
An offshore deepwater port for crude oil export including new pipeline infrastructure, an operations facility and two offshore single point mooring buoys
Located approximately 21 nautical miles offshore east of the entrance of the Port of Corpus Christi
Construct and operate an offshore deepwater port providing safe and environmentally sustainable solutions for the export of abundant domestic crude oil supplies from major shale basins to global markets
Pipelines, an operations facility and two single point mooring buoys
- Scoping Public Comment Period – July 22, 2019
- Project Feasibility Decision
- Draft EIS Public Comment Period – November 1, 2021
- Final EIS Public Comment Period