Fresh off another record quarter, the Port of Corpus Christi in South Texas solidified a banner year in which tonnage reached new heights as demand soared for refined products and crude oil, along with LNG exports.

Port of Corpus Christi

The port achieved a new annual tonnage record of 187.9 million tons – a 12% increase over 2021 volumes, it said. The jump was largely attributed to a 21% rise in refined products shipped, while total crude oil shipments increased 15% year/year.

Crude exports averaged a record 2 million b/d in 2022, an increase over its 2021 record average of nearly 1.8 million b/d, according to the port. Petrochemicals exports increased 23% year/year, reaching 3 million tons.

Notably, liquefied natural gas exports also grew considerably last year. The port said its LNG shipments...