Our program on Thursday will be on Moda Midstream’s operation in Ingleside, located at the former Naval Station Ingleside. Moda Midstream, LLC is a liquids terminaling and logistics company that provides independent terminal, storage and distribution solutions to refiners, petrochemical manufacturers, marketers and producers of crude oil, condensate, NGLs, refined products and other bulk liquid. Moda Ingleside Energy Center is a $300 million to $500 million investment designed to accommodate Very Large Crude Carriers (VLCC) and military ships.
Did you know that VLCCs are about 1,100 feet long—roughly the length of three football fields– and 200 feet wide? The vessels can carry up to 2 million barrels of crude oil.
