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Project Overview

Project Overview

Headquartered in Corpus Christi, TX, Lone Star Ports, LLC (a Carlyle company) is developing a first-of-its-kind crude oil export terminal on Harbor Island. Through a partnership with the Port of Corpus Christi, Lone Star Ports will lead the development and operations of the first U.S. onshore export terminal servicing fully-laden Very Large Crude Carriers (VLCC) with the ability to export 2 million barrels of crude oil per vessel. Based on current market conditions, net U.S. exports associated with the project could exceed $30 billion per year, connecting American produced energy to the world reducing the U.S. trade deficit and furthering Corpus Christi’s position as a global energy leader.

The project is a joint venture between The Carlyle Group and The Berry Group, the largest private employer in the Corpus Christi area.

Martin Midstream is also working with Lone Star Ports to establish an exclusive VLCC solution on Harbor Island.

Lone Star Ports is led by an experienced management team, including Jerry Ashcroft, former CEO of EQT Midstream – Ashcroft has held leadership positions at two of the largest marine terminals in the world.

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Community

Environmental Responsibility

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Environment

Lone Star Ports is committed to the safe and responsible development of the Harbor Island Export Terminal. We are committed to developing a best-in-class facility that will have a limited footprint, reducing or avoiding environmental impacts throughout all stages of development and operation. Harbor Island Terminal will beneficially re-use a former industrial site (avoiding impacts to undeveloped land) and due to its location, it can significantly reduce ship traffic associated with oil exports from other locations within the port region. The Harbor Island location also protects the facility from extreme weather conditions and ocean currents will not create dangerous situations during loading.

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Community

“After Harvey, the port and a lot of other bigger entities came together for everybody in the community and they really came together and helped everybody out who needed it. It’s kind of was surreal how much everybody pitched in to help…It wasn’t about business anymore; it was about just helping the residents here.”

– Amanda Davis, Resident of Corpus Christi

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Economic Benefits

Lone Star Ports is a Texas-Sized project that will help build a better economy and a brighter future for the Coastal Bend region of Texas through tax revenue, creation of high-paying jobs and other economic factors.

According to an economic impact study conducted by the Perryman Group, the construction and operation of the Harbor Island Export Terminal will lead to more than 300 permanent jobs in the Corpus Christi region and thousands of indirect jobs across Texas and around the world.

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Harbor Island

Harbor Island will be the first U.S. onshore export terminal servicing full-laden Very Large Crude Carriers (VLCC) with the ability to export 2 million barrels of crude oil per vessel.

Lone Star Ports has signed indicative agreements with Harvest Midstream and EPIC crude pipeline. Once online, these two pipelines will provide connectivity to more than one million barrels per day (mmbbls/d) of crude oil from the Permian and Eagle Ford basins. Additionally, Lone Star Ports is excited about an indicative agreement with Martin Midstream Partners L.P. to provide a single, integrated VLCC solution on Harbor Island.

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What They're Saying

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