HEP acquires majority interest in GT Omniport Terminal in Texas

Howard Midstream Energy Partners LLC’s (HEP’s) subsidiary Maverick Terminals LLC has acquired a majority interest in the GT Omniport Terminal in Texas from GT Logistics LLC. GT Logistics will maintain a minority interest in the facility.

Located near Port Arthur, Texas, the terminal is near refineries, chemical plants, and pipelines in the area. It features 450 acres of land; more than eight miles of rail, including a unit-train loop track and railcar unloading facilities; four storage tanks with a total of 230,000 barrels of capacity; a barge dock; and more than 3,000 feet of deepwater frontage, which can be used to build multiple docks for ocean-going vessels.

The GT Omniport Terminal, which currently handles crude oil, will be expanded to receive, blend, store, and re-deliver refined products and natural gas liquids. Additional storage capacity, interconnectivity to local refined products and crude oil pipelines, and up to four deepwater docks are being engineered and planned.

In addition to this majority interest in the GT Omniport Terminal, HEP owns and operates bulk liquid terminal facilities in Three Rivers, Texas, and the Port of Brownsville, Texas.

Howard Midstream Energy Partners LLC (dba Howard Energy Partners) is an independent midstream energy company, owning and operating approximately 700 miles of natural gas pipelines, natural gas liquids processing plants, rail facilities, liquid storage terminals, deepwater port facilities, and other related midstream assets. The company has offices in San Antonio and Houston, Texas.

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