Five Facts about Expanding the Port of Corpus Christi
Friday, January 11, 2019
Texans for Natural Gas
The Port of Corpus Christi is planning to deepen its shipping channel, which will allow the port to accommodate additional exports of Texas energy. Here’s what that means for the economy, both in Corpus Christi and across Texas.
Jobs, Jobs, Jobs
The additional exports flowing out of the Port of Corpus Christi will support more than 51,000 Texas jobs, including nearly 3,000 jobs in the Corpus Christi area alone.
More Oil Exports
After expansion, Corpus Christi will have the first U.S. onshore terminal that can accommodate Very Large Crude Carriers (VLCC), each of which can export 2 million barrels of crude oil.
More LNG Exports
Cheniere shipped the first cargo of liquefied natural gas (LNG) from Corpus Christi in 2018. With an expanded port, Texas natural gas will reach even more of our trading partners.
Reducing the Trade Deficit
After expansion, net exports are projected at more than $30 billion per year, which means a better balance of trade for Texas and the United States.
Removing Bottlenecks for Texas Energy
We need more pipelines and infrastructure for the millions of barrels of oil being produced every day in the Permian Basin. An expanded Port of Corpus Christi will open additional markets, provide another outlet for Permian oil, and make the Permian Basin an even more attractive place for investment.
Like the way this sounds?
Add your name to our petition and support the Corpus Christi Port Expansion! Once this project is complete, more oil and gas will be able to be shipped abroad from the Permian Basin and the Eagle Ford Shale, helping to boost local economies and the Texas economy as a whole.