Nederland Terminal definition

Nederland Terminal means the SPMT Nederland Terminal located on the Sabine-Neches Waterway between Beaumont and Port Xxxxxx, Texas.
Nederland Terminal shall have the meaning as set forth in the recitals. THIS EXHIBIT HAS BEEN REDACTED AND IS THE SUBJECT OF A CONFIDENTIAL TREATMENT REQUEST. REDACTED MATERIAL IS MARKED WITH [******] AND HAS BEEN FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION.

Examples of Nederland Terminal in a sentence

  • Nederland TerminalThe Nederland Terminal, which is located on the Sabine-Neches waterway between Beaumont and Port Arthur, Texas, is a large marine terminal that provides storage and distribution services for refiners and other large transporters of crude oil.

  • Shippers may move other grades of crude so long as they meet the Nederland Terminal specifications.

  • The Nederland Terminal can deliver crude oil and other petroleum products via pipeline, barge, ship, rail, or truck.

  • During 2011 and 2012, we expect to complete construction on four tanks, increasing the terminal’s total storage capacity to 22.0 million barrels.The Nederland Terminal can receive crude oil at each of its five ship docks and three barge berths.

  • The Terminal Facilities consist of 8.9 million barrels of refined product terminal capacity and 16.0 million barrels of crude oil terminal capacity (including 12.5 million barrels of capacity at the Texas Gulf Coast Nederland Terminal).

  • These derivative contracts act as a hedging mechanism against the volatility of prices.Nederland TerminalThe Nederland Terminal, which is located on the Sabine-Neches waterway between Beaumont and Port Arthur, Texas, is a large marine terminal providing storage and distribution services for refiners and other large transporters of crude oil.

  • The DOE pipelines connect the terminal to the United States Strategic Petroleum Reserve’s West Hackberry caverns at Hackberry, Louisiana and Big Hill near Winnie, Texas, which have an aggregate storage capacity of 370 million barrels.The Nederland Terminal can deliver crude oil and other petroleum products via pipeline, barge, ship, rail, or truck.

  • In December 2006, we executed an agreement with Motiva Enterprises LLC to construct three additional crude oil storage tanks, with a combined capacity of approximately 2.0 million shell barrels of storage capacity, and provide a new approximately 8 mile 30”crude oil pipeline connection from the Nederland Terminal to Motiva’s Port Arthur, Texas refinery.

  • The Texas system is connected to the Mid-Valley pipeline, other third-party pipelines and our Nederland Terminal.

  • The terminal facilities business consists of approximately 42 million shell barrels of refined products and crude oil terminal capacity (including approximately 22 million shell barrels of capacity at the Nederland Terminal on the Gulf Coast of Texas and approximately 5 million shell barrels of capacity at the Eagle Point terminal on the banks of the Delaware River in New Jersey).

Related to Nederland Terminal

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