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Enterprise Products says lacks customers for large U.S. crude export project

ReutersFeb 4, 2025 3:27 PM

- Enterprise Products Partners EPD.N has not received enough customer interest to commercialize its sea port oil terminal (SPOT) crude export project, its chief executive Jim Teague said on Tuesday.

"In order to build SPOT, we know what we need is volumes, fees and terms... if we can't achieve these within a reasonable amount of time, we will move on," Teague said in a post-earnings conference call.

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