Enterprise Products says lacks customers for large U.S. crude export project
04/02/2025 15:13
HOUSTON, Feb 4 (Reuters) - Enterprise Products Partners
EPD.N has not received enough customer interest to
commercialize its sea port oil terminal (SPOT) crude export
project, its chief executive Jim Teague said on Tuesday.
"In order to build SPOT, we know what we need is volumes,
fees and terms... if we can't achieve these within a reasonable
amount of time, we will move on," Teague said in a post-earnings
conference call.
(Reporting by Arathy Somasekhar in Houston)
((arathy.s@thomsonreuters.com; +1 832 610 7346; Twitter:
@ArathySom;))