Crude loadings out of NuStar Energy LP's Corpus Christi, Texas, export term...
FILE PHOTO: NuStar Energy guests tour the newly expanded crude dock at the Port of Corpus Christi, Texas, April 10, 2014. REUTERS/Darren Abate/File Photo
NuStar also expects loadings to reach up to 700,000 bpd by year-end, Danny Oliver, a NuStar senior vice president, said in an interview. NuStar earlier this year had loaded a monthly average of 200,000 bpd and reached 280,000 bpd last week, according to consultancy RBN Energy, as new shale pipelines to the U.S. Gulf Coast opened last month.
San Antonio, Texas-based NuStar said in mid-August it loaded the first shipment of Permian crude for export from its South Texas terminal after crude service began on Plains’ 670,000-bpd Cactus II oil pipeline. “They’ll have to grow into that,” he said. “These lines aren’t going to start up full. But will be needed eventually.”
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