A federal agency recently approved the construction of a deepwater port off the coast of Texas capable of shipping up to 2 million barrels per day of crude oil to international markets, according to the U.S. Department of Transportation.
On Friday, the department’s Maritime Administration (MARAD) issued the decision to build the Texas Gulflink deepwater port to Sentinel Midstream, LLC, the agency said in a Feb. 14 statement.
Sentinel “will own, construct, and operate [the] deepwater port for the export of domestically produced crude oil,” said the department.
U.S. Transportation Secretary Sean Duffy said MARAD’s approval was paving the way for “unleashing the full power of American energy.”...
