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Valero Part of New Oil Dock

Thu, 01/03/2013 - 5:02am

PORT ARTHUR, Texas (AP) — Developers have announced plans for a new oil dock in Southeast Texas.

The Beaumont Enterprise (http://bit.ly/130MuxF ) reported Thursday that the complex is being built on the east bank of the Sabine (suh-BEEN')-Neches Ship Channel near Port Arthur. The site is where a rusting dry dock sank a couple of years ago alongside Pleasure Island.

The venture, known as PI Dock Facilities LLC, will involve TGS Development as site developer and Valero Terminaling and Distribution Co. as operator. The company is a unit of San Antonio-based Valero Energy Corp.

The crude dock is scheduled for completion in the fourth quarter of 2013. The complex will help deliver crude oil through a new 36-inch pipeline to Valero's Port Arthur Refinery and other nearby refineries.

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Information from: The Beaumont Enterprise, http://beaumontenterprise.com

 

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