The Moda Ingleside Energy Center located at the Corpus Christi Ship Channel offers quite an interesting nugget of history. As one of the largest crude export terminals in the nation, Ingleside originally was a U.S. naval base built to support a carrier battle group and accommodate an aircraft carrier and battleship. Today, Houston-based Moda Midstream owns Ingleside and the company has never pulled up anchor to make its terminal a premier launch site to export U.S. energy production. Reese Energy Consulting today is following the latest news from Moda, which just released an update on the company’s continued upgrade and expansion projects that have made the Ingleside center a destination point for crude oil, condensate, NGLs, refined products and other bulk liquids. Moda’s services include deepwater vessel loading and unloading, storage, blending, processing and pipeline operations. The 925-acre Ingleside is on its way to offer 10 MMBbls of storage capacity—7 MMBbls of storage is expected by year end—while additional structural enhancements will allow for the docking of Suezmax class vessels. Nice job, Moda.
Posted on November 13, 2019