NGLs Conference & Petrochemical Seminar October 2017 Jarl Pedersen Chief Commercial Officer
Disaster Preparedness, Recovery & Resiliency Preparedness (Emergency Operations Command) Recovery (1 st Vessel Less than 1 Week Post- Harvey) Resiliency (Weathering the Storm)
The Energy Port of the Americas Port of Corpus Christi Authority is: #1 US crude oil export port 4 th largest US Port by tonnage $124 Billion impact on US Economy Air attainment status Deep- water ship channel Available land suitable for industrial development
Signing Project Partnership Agreement for Corpus Christi Ship Channel Improvement Project with Col. Lars Zetterstrom, US Army Corps of Engineers
Channel Improvement Project Impact $35 billion per year additional export value and improved trade balance $500 million per year shipping cost savings 36 Miles of Ship Channel Authorized to - 54 MLLW (Currently - 47 MLLW)
Energy Hub for US Crude Oil & Refined Petroleum Export Ethane Crackers Ingleside Refinery EthyleneHub Crude Oil Export LNG Export LPG Export
Intracoastal & Inland Waterways Interstate & Intrastate Pipelines Excellence in Logistics 3 Class- 1 Railroads Interstate & StateHighways
Public Dock Facilities Multiple public docks for liquid bulk, dry bulk and general cargo
December 2015 - First U.S. Crude Oil Export in 40 Years
Aruba Bahamas Canada China Colombia Curacao Dominican Republic France Israel Italy Japan Marshall Islands Mexico Netherlands Nicaragua Panama Peru South Korea Spain Switzerland Taiwan Ukraine United Arab Emirates United Kingdom Venezuela 2016 - U.S. Crude Oil Export Markets US Crude Exports 2016
April 2017 - Crude Oil Export Milestone In April 2017 the Suezmax class tanker Cap Romuald was loaded with 930,000 barrels of Crude Oil at Port Corpus Christi The nearly 1 million barrels of Crude Oil is more than three times the total 2010 outbound Crude Oil volume from Port Corpus Christi
PCC Major Shift in Crude & Condensate (BPD) 1,000,000 900,000 800,000 700,000 Barrels Per Day 600,000 500,000 400,000 300,000 200,000 100,000 0 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 (Q3) Total Inbound Outbound
May 2017 VLCC ANNE 2 Million Barrel Supertanker
700,000 PCC Outbound Crude & Condensate Percentage of Exports (BPD) 600,000 500,000 Barrels Per Day (BPD) 400,000 300,000 200,000 45% 62% 65% 54% 50% 49% 43% 47% 49% 72% 100,000 0 12% 5% 25% 22% 24% 16% 12% 26% 19% 35% 34% Exports Domestic
Crude Oil Pipeline Capacity to Corpus Christi Pipeline Owner Basin Origin Destination Capacity Future Expansion Eagle Ford JV Plains/Enterprise Eagle Ford Gardendale Corpus/Houston 600,000 Double Eagle Morgan Eagle Ford Gardendale Corpus/Houston 100,000 South TX Crude Pipeline NuStar Eagle Ford Gardendale Corpus Christi 250,000 Oakville NuStar Eagle Ford Oakville Corpus Christi 30,000 Pettus- to- Corpus NuStar Eagle Ford Pettus Corpus Christi 40,000 Pawnee NuStar Eagle Ford Pawnee Corpus Christi 100,000 Harvest Hilcorp Eagle Ford Gardendale Corpus Christi 250,000 Pettus South Koch Eagle Ford Pettus Corpus Christi 250,000 Rio Bravo EnergyTransfer Eagle Ford McMullen Corpus Christi 100,000 Cactus Plains Permian Basin McCamey Gardendale 390,000 500,000 South Texas Gateway Buckeye Permian Basin Wink/Midland Corpus Christi 400,000 EPIC TexStar, CCI, and Ironwood Midstream Permian Basin Orla/Midland Corpus Christi 440,000 TOTAL 2,110,000 1,340,000 Barrels per Day
Midland to Corpus Christi Pipeline Network 1,340 MBPD Planned Capacity Midland Corpus Christi
PCC Export Growth with Mexico ($US Value) $2,000,000,000 $1,778,125,834 $1,800,000,000 $1,710,431,076 $1,600,000,000 $1,400,000,000 $1,421,713,225 $1,200,000,000 $US Value $1,000,000,000 $800,000,000 $600,000,000 $400,000,000 $200,000,000 $0 2015 2016 2017 THROUGH AUGUST Refined Petroleum Organic Chemicals Other
Port Corpus Christi Permian Outbound Crude/Condensate, MBPD Some of the outbound volume will be stand- alone splitter output such as naphtha intermediate- this will potentially reduce POCC outbound
Port Corpus Christi Marine Terminals Terminal Company Pipelines Largest Storage Capacity Vessel (Million Barrels) North Beach Terminal NuStar Multiple Suezmax 2.00 Martin Terminal NuStar Harvest Aframax 0.90 Ingleside Koch/FHR Texas Aframax 2.70 Oxy Ingleside Energy Center Occidental Petroleum JV VLCC 2.10 Texas Processing Buckeye/Trafigura South Texas Gateway Aframax 2.20 Texas Hub Buckeye/Trafigura Rio Bravo Aframax 2.30 Magellan Avery Point Magellan Eagle Aframax 3.00 Viola Plains JV Barge 0.10 Eagle Ford Terminals Plains Eagle Ford JV Aframax 1.50 EPIC Corpus Marine Terminal TexStar, CCI, and Eagle Ford JV Aframax 1.00 Ironwood Midstream Castleton Commodities CCI EPIC Aframax 2.20 Oil Dock 14 Pin Oak TBD Aframax TOTAL 20
$50 Billion in Regional Investment Gulf Coast Growth Ventures Howard Energy South Texas Cement
Cheniere Corpus Christi Liquefaction Augusts 2017 Monthly Progress Report: Engineering 100.0%. Procurement 89.2%. Construction (Sub- Contract) 47.8% Construction (Direct- Hire) 48.0% Total Project 71.7% complete (vs plan of 72.1%)
Nigeria Ivory Coast Equatorial Guinea Japan India Hong Kong China Taiwan South Korea Pakistan Kuwait United Arab Emirates Turkey Spain Portugal Jordan Italy Egypt United Kingdom Poland Netherlands Colombia Chile Brazil Argentina Trinidad Dominican Republic US LNG Exports by Country Destination
Four Processing Units 1.8 MT Ethane Cracker Monoethylene glycol unit 2 x Polyethylene units
Port of Corpus Christi s Pillars of Success The Port expects in companies it does business with to deliver: Job Creation & Economic Growth Environmental Stewardship & Sustainability Educational & Workforce Development Safety & Corporate Social Responsibility
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