Enterprise Products: SPOT Is A Game Changer
EPDEnterprise Products Partners L.P.(EPD) Seeking Alpha·2024-04-13 20:33

CHUNYIP WONG Enterprise Products Plus SPOT On April 9th Enterprise Product Partners (NYSE:EPD) announced that the license for the Sea Port Oil Terminal (SPOT) had finally been obtained. This project has been pursued by the company since 2019 and this achievement marks an important milestone for both EPD and the United States. The SPOT project is an offshore crude oil export terminal that allows VLCC vessels to directly load in the Gulf of Mexico, 30 miles off the coast of Texas. At the terminal, two vessels ...