CORPUS CHRISTI – Junction Energy Capital and Castleton Commodities International have broken ground on their new Corpus Christi Marine Storage Terminal.
The facility will be on 83 acres near the Joe Fulton International Trade Corridor.
It is permitted for about 4.5 million barrels of crude oil storage. It will process 100,000 barrels per day and have three docks to load tankers that will ship out of the port. The terminal will create 30 to 40 full-time jobs for operations.
The $128 million first phase will have six 250,000-barrel storage tanks and one dock to begin.
Construction will create 100 jobs. The terminal will come online in the second half of 2019.
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