The current bottleneck, of course, involves a lack of needed pipeline takeaway capacity for oil and gas coming out of the Permian Basin. Several recent developments in the Corpus Christi area hold the promise of heading the potential new bottlenecks off before the can form. Where natural gas is concerned, Cheniere Energy this week was able to load its first shipment of LNG out of its new Corpus Christi LNG terminal . Each train will have the capacity to produce LNG volumes equal to 689 million cubic feet of natural gas per day. Where crude exports are concerned, the recent positive news events have centered around the Port of Corpus Christi (PortCC), which has emerged as the nation's largest crude export facility since 2015.

Source: Forbes December 14, 2018 16:18 UTC