Houston-based Oiltanking Partners LP to expand its terminal on the Houston Ship Channel to meet demand to export liquefied petroleum gas.

Expansion plans include a new vessel dock and upgrades to existing ones and should be completed by the end of 2014. The expansion will take the loading capacity from its current rate of four million barrels per month to about 7.5 million barrels per month, reports Houston Business Journal.

Oiltanking will provide import and export services from the expansion exclusively to Houston-based Enterprise Products Partners LP. Expansion plans include a new vessel dock and upgrades to existing ones and should be completed by the end of 2014. The expansion will take the loading capacity from its current rate of four million barrels per month to about 7.5 million barrels per month.

Source: Houston Business Journal