Trafigura begins transporting crude oil via Cactus II system
Trafigura Trading, a wholly owned subsidiary of Trafigura Group, has started shipments of crude oil from the Permian basin to the Corpus Christi-Ingleside, Tex., area via the 670,000-b/d Cactus II pipeline system.
Trafigura Trading LLC, a wholly owned subsidiary of Trafigura Group Pte. Ltd., has started shipments of crude oil from the Permian basin to the Corpus Christi-Ingleside, Tex., area via the 670,000-b/d Cactus II pipeline system (OGJ Online, Jan. 25, 2018).
The shipments represent the initial commercial service of Cactus II, with its deliveries connecting to a waterborne export service to Europe and beyond.
In January 2018, Trafigura signed a long-term commitment with a Plains All American Pipeline LP subsidiary to transport 300,000 b/d of crude oil on the system.
