HOUSTON--(BUSINESS WIRE)--Today, Enterprise Products Partners L.P. (Enterprise) announced that service has begun at its newest ethane export terminal. The M/V JS INEOS Intrepid set sail this morning with the first cargo of ethane export from the Enterprise facility at Morgan’s Point.
“The energy renaissance in the state of Texas is further illustrated with the arrival of the first Ethane ship to Enterprise Products at its new facility at the Port of Houston,” said Port Commission Chairman Janiece Longoria.” “As the Port Authority continues to generate jobs and economic impact for the entire region, we are excited to share this historical event with Enterprise. Our long term lease with Enterprise underscores our mission and vision to ‘grow and diversify the business base’ and ‘sustain the business for the long-term.’”
Enterprise signed a long-term agreement with the Port of Houston Authority for use of its facilities adjacent to Enterprise’s existing terminal at Morgan’s Point. The Enterprise project is among a host of projects and expansions being carried out along the channel fostering positive economic impact for the region and state of Texas. The Port of Houston, which is home also to the largest petrochemical manufacturing complex in the United States, leads the nation in exports.
About the Port of Houston Authority
For more than 100 years, the Port of Houston Authority has owned and operated the public wharves and terminals of the Port of Houston – the nation’s largest port for foreign waterborne tonnage and an essential economic engine for the Houston region, the state of Texas, and the nation. It supports the creation of nearly 1.175 million jobs in Texas and 2.7 million jobs nationwide, and economic activity totaling almost $265 billion in Texas – 16 percent of Texas’ total gross domestic product – and more than $617 billion in economic impact across the nation. For more information, visit the Port Authority website at: www.portofhouston.com.