Houston-based Max Midstream said April 6 it plans to ship its first cargo to Europe from a new crude export terminal at Port of Calhoun in May. Todd Edwards, president, said Max Midstream will send a test shipment in late April and then exports of Eagle Ford oil will begin in May. The company said, “The overall goal is establishing an export hub between Houston and Corpus Christi where there is little existing ship traffic, and the Port of Calhoun can focus primarily on crude shipments to Europe while larger competitors send most of their oil to Asia.”
Max Midstream plans to invest $360 million in dredging and widening the Port of Calhoun. The startup added, “The plan essentially is to grow crude export capacity from just more than 100,000 b/d now to about 325,000 b/d next year when new pipelines and Permian Basin connections are completed and then to 650,000 b/d in 2023 when the dredging project is finished.”