In addition to Ambre Energy’s west coast export options through Millennium Bulk Terminals-Longview and the Port of Morrow, it has increased its potential export capacity by securing a lease over land at the Port of Corpus Christi, Texas on the Gulf of Mexico.

The Port of Corpus Christi is the sixth largest port in the United States in total tonnage. Established in 1926, the port is equipped to receive Panamax vessels and handles a broad range of cargo including petroleum, ore, minerals, grain, chemicals and liquid bulk.

Ambre Energy subsidiary, AE Infrastructure, LLC, has a lease over a 14.5 acre tract in an area known as the Bulk Terminal in the Port’s Inner Harbor. The lease gives Ambre Energy the option for a 30 year tenure and the capability to develop a storage site to receive and ship coal through the Port’s joint facilities.

Three Class 1 railroads serve the Bulk Terminal, including BNSF, Kansas City Southern Lines (KCS) and UP. Of these railroads, BNSF and UP serve the coal fields under investigation to potentially supply coal for export.

Ambre is currently engaged in the feasibility engineering process to design a coal storage facility and to determine the throughput capacity. Discussions are underway with current tenants at the port to develop a joint facility. The port’s existing air emissions permits would allow immediate coal shipment up to 1.5 Mtpa and Ambre Energy is investigating options for increasing this tonnage, requiring new infrastructure and appropriate air permits for a larger scale operation.

The Port of Corpus Christi presents an ideal opportunity for Ambre Energy to access South American and European markets for thermal coal through its coal trading business.