Carlyle-supported company wants guarantee on new US crude export project
Carlyle Group will appeal to the Trump administration to guarantee a two-year approval of its South Texas crude export project. Carlyle-backed Lone Star Ports LLC aspires to open the first new US crude export facility that can accommodate supertankers. The export facility would require dredging a South Texas ship channel deep enough to facilitate fully loaded supertankers to maneuver at its planned terminal.
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