Sempra Energy, the San Diego-based energy services corporation, said Jan. 9 it is proposing the construction of a marine petroleum terminal and storage facility at Port Arthur, Texas.
The company initiated an open season solicitation for potential customers interested in purchasing terminal capacity. If sufficient interest is generated, the company said it would complete commercial agreements in late 2008 and could begin construction in 2009.
The project would serve the growing need for additional oil and petroleum storage and infrastructure on the Gulf Coast, Sempra said.
In its initial phase, the terminal would provide total capacity to store up to 500,000 barrels daily, Sempra said.
The first phase, involving the construction of storage tanks and multi-ship berthing facilities, would require about 120 acres from 2,900 acres Sempra owns near Port Arthur. The property also is the proposed site of a larger energy complex that includes the planned development of a liquefied natural gas terminal.
, Mike Allen