While Motiva is shooting for completion of its massive expansion project (valued at more than $7 Billion) soon, Southeast Texas is preparing for projects scheduled for the coming months.
Cheniere Energy Partners is looking to spend $6 billion to modify its liquefied natural gas terminal in Cameron Parish just across the border in Louisiana. Construction is set to begin in 2012 with production starting in 2015. Cheniere says it will create 148 new jobs, while retaining 77. At its peak it should create about 3,000 construction jobs.
The Port of Beaumont is still in expansion mode with the new railcar holding yard as well as removing the tracks along Riverfront Park, thus allowing the City to make better use of the property. They are also improving their Orange County property with a loop track around the 240 acres as well as a new wharf. TXDOT will be constructing a new access road for the site as well.
Along Twin City Highway the Lucite International and former Beaumont Methanol site will be revived and called Pandora Methanol.
Valero is continuing its Port Arthur refinery expansion. Once the $1.4 billion expansion is complete it will add 50,000 barrels per day to its 310,000 capacity.
GT Logistics is developing a $95 million terminal south of Highway 73 just west of Valero and not too far south of Motiva. It will be called OmniPort and will receive crude oil and send it out via truck, rail, ship and barge. It is being built on 1,100 acres that at one time had a petrochemical plant on it.
When these projects are added to the already completed Total $2.2 billion project it is even more apparent just how important Southeast Texas is to the energy of the United States. Southeast Texas has a lot to be thankful for and even more to look forward to in 2012.
Summarized from the Beaumont Enterprise