A proposed $1 billion deepwater oil-export project moved ahead on Thursday with ...
FILE PHOTO: The logo of the Carlyle Group is displayed at the company's office in Tokyo, Japan October 17, 2018. REUTERS/Issei Kato
Officials of Carlyle-backed Lone Star Ports LLC on Thursday agreed to lease 200 acres along the port of Corpus Christi where it has proposed a terminal and docks to load U.S. shale onto supertankers. Port of Corpus Christi Commission on Thursday also agreed to authorize the contract, said Sean Strawbridge, chief executive of the port. A dredging project that will increase the water depth to 54 feet from 47 feet in the channel will begin on Friday, he said.
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