The GT OmniPort is a multi-modal terminal for crude oil and other products transported via rail, ship, barge and truck. The $95 million, 1,100-acre facility neighbors refineries with more than one million barrels per day of capacity, multiple chemical and processing plants and is located less than one mile from more than four million barrels of petroleum product storage capacity and pipelines currently serving the region.
The rail terminal, served by Union Pacific, will be able to receive unit train traffic, with 300 acres of rail car storage on site capable, upon completion, of storing, switching and transloading more than 1,000 rail cars. The rail terminal site also features a multi-barge receiving dock on Taylor's Bayou; convenient access to Highway 73 and Interstate 10; and connectivity to the extensive network of pipelines serving the region.
Timothy DeSpain, GTL principal and president, said, "This is just the first of many important steps in the process of opening the GT OmniPort for business. The rail line is key to our success and Union Pacific is a fantastic partner. We look forward to surpassing all expectations for success in the future."
Once complete the industrial rail park and related tenant improvements are expected to create 1,000 jobs and $100 million in new capital investment over the next 10 years.