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Texas port emerging as strategic hub for US shale exports

Corpus Christi, Texas, is shaping up as an important gateway for US crude exports, with crude shipments from the port expected to more than double to 2 million barrels per day by 2023, according to Wood Mackenzie. The firm estimates US crude exports to Europe will hit 1.6 million barrels per day through 2022, while US crude shipments to Asia should surge to 1.3 million barrels per day in 2023.

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