The Trump administration granted a deepwater port license for a major oil export terminal off Texas’ coast, bolstering its push to send U.S. energy overseas.
The U.S. Department of Transportation’s Maritime Administration (MARAD) issued a record of decision last week to Dallas-based Sentinel Midstream, giving it the green light to build a terminal about 30 miles offshore of Freeport, Texas. The Texas GulfLink project, if completed, could fill tankers with as much as 2 million barrels of crude oil a day.
“This permitting milestone is a testament to the hard work, perseverance, and expertise of the Sentinel team,” Jeff Ballard, Sentinel’s CEO, said in a statement, adding that “Texas GulfLink is now well positioned to capitalize on strong market interest and advance as the premier offshore crude oil export facility in the United States.”
Sentinel officials did not respond Tuesday to questions about how much the project will cost, when it could come online and what other permits it needs in order to begin construction.
