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Released March 19, 2025 | SUGAR LAND
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Researched by Industrial Info Resources (Sugar Land, Texas)--Rising demand for natural gas and continued strong demand for oil, both crude and refined, are pushing players in the U.S. Terminals Industry to expand capacity and improve their existing assets. Industrial Info is tracking more than $5.8 billion worth of capital-spending projects in the industry that are set to begin construction in the second quarter, more than half of which is attributed to crude oil storage.
Click on the image at right for a graph detailing the top 10 parent companies for capital-spending projects in the U.S. Terminals Industry that are set to kick off from April through June.
One of the biggest second-quarter project kickoffs comes from Max Midstream Texas (Houston, Texas), which carries crude, gas and condensate via pipeline from the Permian Basin and Eagle Ford Shale to its terminals on the Texas Gulf Coast. The company is preparing for a $520 million expansion of its crude and condensate terminal in Edna, about halfway between Houston and Corpus Christi, through the addition of 60 internal floating-roof storage tanks for crude oil. It is expected to boost the terminal's total storage capacity from 1.5 million to 9 million barrels.
Subscribers to Industrial Info's Global Market Intelligence (GMI) Terminals Project and Plant databases can learn more from a detailed project report and plant profile.
Storage demand along the Gulf Coast is rising, as more pipelines are connecting the Permian and other producing areas to demand centers in the region. For more information, see March 18, 2025, article - EIA: U.S. Natural Gas Pipeline Takeaway Capacity Climbs 6.4 Bcf/d in 2024.
In the market for renewable fuel, ArcLight Capital Partners (Boston, Massachusetts) is preparing for a $3 million tank addition at its Seaport Sound Terminal in Tacoma, Washington. The company is adding 100,000 barrels of renewable-fuel storage to the 700,000-barrel terminal, which otherwise stores refined petroleum. Currently, the project is expected to wrap up toward the end of the year. Subscribers can learn more from a detailed project report and plant profile.
Trinity Gas Storage (Flower Mound, Texas), an independent gas storage company, started operations earlier this year at its 24 billion-cubic-foot-per-day gas storage facility in Tennessee Colony, Texas, about 70 miles southeast of Dallas, and is preparing for a $175 million expansion that would increasing total storage capacity to 50 billion cubic feet per day. The facility's withdrawal capacity could double to 1 billion cubic feet per day. The Trinity project was the first greenfield gas storage facility to become operational in Texas in more than a decade, and it was built partly in response to the growing demand from data centers, particularly those used to develop artificial intelligence (AI). Subscribers can learn more from a detailed project report and plant profile.
For more information on the challenges AI and other data centers are creating for the U.S. energy market, see January 23, 2025, article - The Rise of Artificial Intelligence and the Significance of Its Energy Demands, and January 29, 2025, article - AI Power Struggle--Will Power Generation Growth Keep Up with Rising Demand?.
Massive, multi-billion-dollar projects for the processing and storage of liquefied natural gas (LNG) have been dominating the headlines, but smaller-scale projects have been quietly playing a role. National Grid plc (NYSE:NGG) (London, England), which operates energy assets in the U.S. and the U.K., is expected to begin construction on a $172.4 million upgrade to an LNG plant in South Yarmouth, Massachusetts. The project includes improvements to a 697-ton-per-day peak-shaving unit and the construction of a new storage tank to hold up to 2.1 million gallons of LNG for peak demand during winter months.
About 100 miles north, on the border with New Hampshire, National Grid is performing $2.9 million in upgrades to a satellite LNG terminal in Haverhill, Massachusetts. The company is improving operating systems for the terminal's motor control center through the addition of automation and other equipment. Subscribers can read detailed reports on the South Yarmouth and Haverhill projects.
Subscribers to Industrial Info's GMI Project and Plant databases can click here for a full list of detailed reports for projects mentioned in this article, and click here for a full list of related plant profiles.
Subscribers can click here for a full list of detailed reports for capital-spending projects in the U.S. Terminals Industry that are set to begin construction in the second quarter.
Industrial Info Resources (IIR) is the leading provider of industrial market intelligence. Since 1983, IIR has provided comprehensive research, news and analysis on the industrial process, manufacturing and energy related industries. IIR's Global Market Intelligence (GMI) platform helps companies identify and pursue trends across multiple markets with access to real, qualified and validated plant and project opportunities. Across the world, IIR is tracking more than 200,000 current and future projects worth $17.8 trillion (USD).
Click on the image at right for a graph detailing the top 10 parent companies for capital-spending projects in the U.S. Terminals Industry that are set to kick off from April through June.One of the biggest second-quarter project kickoffs comes from Max Midstream Texas (Houston, Texas), which carries crude, gas and condensate via pipeline from the Permian Basin and Eagle Ford Shale to its terminals on the Texas Gulf Coast. The company is preparing for a $520 million expansion of its crude and condensate terminal in Edna, about halfway between Houston and Corpus Christi, through the addition of 60 internal floating-roof storage tanks for crude oil. It is expected to boost the terminal's total storage capacity from 1.5 million to 9 million barrels.
Subscribers to Industrial Info's Global Market Intelligence (GMI) Terminals Project and Plant databases can learn more from a detailed project report and plant profile.
Storage demand along the Gulf Coast is rising, as more pipelines are connecting the Permian and other producing areas to demand centers in the region. For more information, see March 18, 2025, article - EIA: U.S. Natural Gas Pipeline Takeaway Capacity Climbs 6.4 Bcf/d in 2024.
In the market for renewable fuel, ArcLight Capital Partners (Boston, Massachusetts) is preparing for a $3 million tank addition at its Seaport Sound Terminal in Tacoma, Washington. The company is adding 100,000 barrels of renewable-fuel storage to the 700,000-barrel terminal, which otherwise stores refined petroleum. Currently, the project is expected to wrap up toward the end of the year. Subscribers can learn more from a detailed project report and plant profile.
Trinity Gas Storage (Flower Mound, Texas), an independent gas storage company, started operations earlier this year at its 24 billion-cubic-foot-per-day gas storage facility in Tennessee Colony, Texas, about 70 miles southeast of Dallas, and is preparing for a $175 million expansion that would increasing total storage capacity to 50 billion cubic feet per day. The facility's withdrawal capacity could double to 1 billion cubic feet per day. The Trinity project was the first greenfield gas storage facility to become operational in Texas in more than a decade, and it was built partly in response to the growing demand from data centers, particularly those used to develop artificial intelligence (AI). Subscribers can learn more from a detailed project report and plant profile.
For more information on the challenges AI and other data centers are creating for the U.S. energy market, see January 23, 2025, article - The Rise of Artificial Intelligence and the Significance of Its Energy Demands, and January 29, 2025, article - AI Power Struggle--Will Power Generation Growth Keep Up with Rising Demand?.
Massive, multi-billion-dollar projects for the processing and storage of liquefied natural gas (LNG) have been dominating the headlines, but smaller-scale projects have been quietly playing a role. National Grid plc (NYSE:NGG) (London, England), which operates energy assets in the U.S. and the U.K., is expected to begin construction on a $172.4 million upgrade to an LNG plant in South Yarmouth, Massachusetts. The project includes improvements to a 697-ton-per-day peak-shaving unit and the construction of a new storage tank to hold up to 2.1 million gallons of LNG for peak demand during winter months.
About 100 miles north, on the border with New Hampshire, National Grid is performing $2.9 million in upgrades to a satellite LNG terminal in Haverhill, Massachusetts. The company is improving operating systems for the terminal's motor control center through the addition of automation and other equipment. Subscribers can read detailed reports on the South Yarmouth and Haverhill projects.
Subscribers to Industrial Info's GMI Project and Plant databases can click here for a full list of detailed reports for projects mentioned in this article, and click here for a full list of related plant profiles.
Subscribers can click here for a full list of detailed reports for capital-spending projects in the U.S. Terminals Industry that are set to begin construction in the second quarter.
Industrial Info Resources (IIR) is the leading provider of industrial market intelligence. Since 1983, IIR has provided comprehensive research, news and analysis on the industrial process, manufacturing and energy related industries. IIR's Global Market Intelligence (GMI) platform helps companies identify and pursue trends across multiple markets with access to real, qualified and validated plant and project opportunities. Across the world, IIR is tracking more than 200,000 current and future projects worth $17.8 trillion (USD).
