Offshore

Trafigura to build large oil terminal in Texas

Swiss-based commodity trader Trafigura has filed for permission to build a terminal in Texas which can be used by the largest oil tanker vessels. The project will facilitate the growing export of US crude oil.
Trafigura CEO Jeremy Weir. | Photo: Trafigura
Trafigura CEO Jeremy Weir. | Photo: Trafigura
by NIKLAS KRIGSLUND

Commodity trader Trafigura plans to build a new, large oil terminal in Texas that will make it possible to tank VLCC vessels and thus benefit from a growing export of US crude.

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