U.S. Gulf Coast Drives $5 Billion in Terminal Project Kickoffs in Second Quarter, Led by Oil and LNG

SUGAR LAND--April 4, 2019--Researched by Industrial Info Resources (Sugar Land, Texas)--The market for Oil & Gas Terminals is poised for solid growth through 2027, according to a recent report from Research and Markets, due to the rapid acceptance of liquefied natural gas (LNG) and cleaner alternative fuels, and the generally decreasing cost of crude oil. Industrial Info is tracking more than $5 billion in active Terminals Industry projects that are set to begin construction in the second quarter, nearly 90% of which is attributed to projects in the U.S. Southwest.

Within this article: Details on some of the highest-valued terminals projects set to kick off in the U.S. between now and the end of June, including those from major companies such as Odfjell Group, Buckeye Partners LP (NYSE:BPL), Valero Energy Corporation (NYSE:VLO), Vitol Group, Hilcorp Energy Company, Fairway Energy Partners LLC, Energy Transfer LP (NYSE:ET), Getka Energy LLC, EnCap Flatrock Midstream, Enterprise Products Partners LP (NYSE:EPD) and Duke Energy Corporation (NYSE:DUK).