Trafigura, one of the world’s leading commodities traders, has acquired the terminal assets of Texas Docks & Rail in the US.
The Geneva-based company has also teamed-up with Energy Transfer Partners to boost export logistics for regional shale producers.
The joint venture will provide Eagle Ford producers with access to one of the deepest private water docks in the Texas region.
“This project is in line with Trafigura’s plans to expand our trading and transportation business in North America,” said Jeff Kopp, Director of Oil for North America.
“The