April 9 (Reuters) - Enterprise Products Partners ( EPD )
said on Tuesday it had received a deepwater port license for its
Sea Port Oil Terminal (SPOT) in the Gulf of Mexico from an
agency of the U.S. Department of Transportation.
The project, located near Freeport, Texas, would become the
biggest offshore oil export terminal in the U.S. after
completion with a capacity to load two supertankers at a time
and export 2 million barrels of crude oil per day.
"The receipt of the license is the most significant
milestone to date in the development and commercialization of
SPOT," said AJ Teague, co-chief executive officer of
Enterprise's general partner.
The company had earlier said it expects to get the license
in the first quarter and start operations in 2027.
In January, environmental groups had sued U.S. to overturn
the approval for the project, saying it would boost oil
production and increase emissions.