The very large crude carriers (VLCC's) will load at Ras Tanura terminal for deliveries to a US Gulf Coast port next month.
The very large crude carriers will each load 280,000 metric tons of oil at Saudi's Ras Tanura terminal between April 3 and April 9 for the voyage via the Cape of Good Hope to the Port Arthur, Texas terminal, reports Bloomberg from various sources.
Saudi Aramco, as Saudi Arabian Oil Co. is known, and Royal Dutch Shell Plc (RDSA) operate refineries through Motiva Enterprises LLC. The joint venture is bringing its Port Arthur, Texas plant back to full capacity after a series of unplanned shutdowns. The facility will be able to process as much as 600,000 barrels a day and is the nation’s biggest.
Source: Bloomberg