The expanded LPG terminal will be supported by a 50-year service agreement with Oiltanking Partners to provide additional dock space and related services.
The expanded LPG export terminal is expected to be in service by the end of 2015.
Enterprise will have aggregate capacity to load in excess of 16 million barrels per month of low-ethane propane and butane, upon completion of the expanded facilities.
Enterprise’s general partner CEO Michael Creel said the decision to expand at Oiltanking was directly attributable to joint experience of loading LPG vessels on the Houston Ship Channel and a 33-year relationship with Oiltanking.
"The location of the expanded terminal at Oiltanking enables us to increase maximum loading capacity to approximately 27,000 barrels per hour, the highest in the industry, while nominally reducing the overall capital costs associated with the project," Creel added.
