Trafigura, Eagle Ford, and Texas Dock & Rail
Since mid-2011, Trafigura has traded physical Eagle Ford crude and crude condensate, offloading purchased product from trucks onto barges for shipment to terminals along the US Gulf Coast. The Texas Dock & Rail terminal has been central to this activity.
The Texas Dock & Rail terminal is an 85-acre industrial site in Corpus Christi, Texas consisting of approximately 600,000 barrels of storage for crude oil, fuel, and condensate. The terminal has a deepwater dock which is 1,200 feet long with 45 foot draft, extensive rail and truck access and the space for significant future expansion – more than 2 million oil barrels – creating greater opportunities for Eagle Ford crude and condensate producers.
On January 12, 2012, Trafigura announced the acquisition of the Texas Dock & Rail facility.
Trafigura in the US
In the US, Trafigura's operations are owned and managed by Trafigura AG, a subsidiary of Trafigura Beheer BV. Trafigura AG operates oil trading out of Houston, Texas and metals trading from Stamford, Connecticut.
Physical trading is a long-term business. Investment in key assets, such as Texas Dock & Rail, is central to our business model. We believe that the management of ships, storage tanks, mines and other logistical assets not only gives us a business advantage but also allows us to demonstrate our commitment to the territories in which we operate.
Our assets are primarily run by local management, ensuring our hubs are highly attuned to the regions in which they operate; we also firmly believe in local not central control, encouraging and empowering our people to take the initiative in spotting opportunities and opening up new areas of supply and demand.
Texas Dock & Rail Features
- Dock capacity: 1,200 feet long, 60 feet wide; 45 feet draft (365.76m x 18.288m; 13.716m draft)
- Ships up to Suezmax size can be handled
- Ro-Ro ramp available
- Heavylift platform for 550 tonnes
- Certified truck scale available
- Mechanic shop on-site
- Air permits in place for coal, petcoke (green delayed/sponge), metallurgical coke, iron ore (pig, lump, or granular), bauxite, clinker, limestone, sand and gravel, barite, and synthetic rutile
Trafigura Beheer B.V. and the companies in which it directly or indirectly owns investments are separate and distinct entities. In this website, the collective expressions ‘Trafigura’, ‘Trafigura Group’ and ‘the Group’ may be used for convenience where reference is made in general to those companies. Likewise, the words ‘we’, ‘us’, ‘our’ and ‘ourselves’ are used in some place to refer to the companies of the Trafigura Group in general. These expressions are also used where no useful purpose is served by identifying any particular company or companies.