NuStar Energy Investor Conference Presentation Deck
NuStar
★ A significant proportion of the volumes transported on the additional 2.1 MMBPD of
new long-haul pipeline capacity from the Permian to the Corpus area is moving out
over Corpus dock facilities
★ Corpus Christi, historically a regional refinery and domestic marine delivery hub, has
evolved into a major U.S. crude oil export hub
Exports (MBPD)
GULF COAST STORAGE & EXPORT
Gulf Coast Exports Held Up Well in 2020, and Corpus Christi's
Export Growth is Expected to Return to Growth in 2022
Currently, Corpus Christi comprises half of the Gulf Coast's total ~3.0 MMBPD crude exports
In July 2020, Corpus Christi exports recovered to pre-Covid levels of 1.5MMBPD
Analysts expect Corpus Christi exports to remain steady in the near-term with potential to grow
as early as 1H 2022 as global crude demand recovers
U.S. Gulf Coast Crude Exports by Hub
4,000
3,000
2,000
1,000
0
Source: RBN Energy
Jan-19
Feb-19
Mar-19
Apr-19
May-19
Jun-19
Jul-19
Aug-19
Sep-19
Oct-19
Nov-19
Dec-19
Jan-20
Feb-20
Mar-20
Apr-20
May-20
Jun-20
Jul-20
Aug-20
Sep-20
Oct-20
Nov-20
Dec-20
Jan-21
Feb-21
Mar-21
Apr-21
■ Corpus Christi
Houston
Beaumont
-
■Louisiana
Corpus Christi
exports
have grown
from 0.4MMBPD
in 2019
to an average
of 1.5MMBPD
since January
2020
27View entire presentation