{"id":13309,"date":"2022-04-15T07:50:00","date_gmt":"2022-04-15T13:50:00","guid":{"rendered":"https:\/\/losfresnosnews.net\/?p=13309"},"modified":"2022-04-14T15:53:51","modified_gmt":"2022-04-14T21:53:51","slug":"governor-abbott-highlights-port-of-brownsville","status":"publish","type":"post","link":"https:\/\/losfresnosnews.net\/?p=13309","title":{"rendered":"Governor Abbott Highlights Port of Brownsville"},"content":{"rendered":"\n

Calling The Port a Key Component of Texas\u2019 Booming Energy Industry<\/p>\n\n\n\n

\"\"<\/a><\/figure>\n\n\n\n

BROWNSVILLE, Texas \u2013 April, 5, 2022 \u2013 Texas Governor Greg Abbott highlighted the Port of Brownsville as a key component of Texas\u2019 booming energy industry and as a critical asset to the Lone Star State\u2019s economic success during an economic roundtable discussion with industry leaders and key stakeholders held at the port Wednesday, March 30.<\/p>\n\n\n\n


\u201cPorts are the gateway to the might of the Texas economy and the Port of Brownsville is vital infrastructure for our booming energy industry,\u201d said Governor Abbott. \u201cThe Port of Brownsville is rapidly growing the economy of the Rio Grande Valley and bringing new opportunities to South Texans, and I look forward to continuing our state\u2019s partnership with members of the port sector to unleash the full potential of all that the Port of Brownsville has to offer.\u201d<\/p>\n\n\n\n


As longshoremen unloaded steel slabs from a vessel docked in the background, Governor Abbott was joined by Brownsville Navigation District Chairman Sergio Tito Lopez, Vice Chairman Ralph Cowen, Board Secretary Esteban Guerra, Cameron County Judge Eddie Trevi\u00f1o Jr., County Commissioner Sofia Benavidez, and Texas A&M Regent Mike Hernandez, as well as key port industry stakeholders. The round table discussion was focused on the state\u2019s economy, supply chain issues, and port industry.<\/p>\n\n\n\n


\u201cThe Port of Brownsville is a critical asset in the Rio Grande Valley\u2019s economy supporting diverse industries across Texas and Mexico with unrivaled access and logistics capabilities,\u201d said Chairman Lopez. \u201cWe remain open for business, supporting more than 51,000 jobs statewide while contributing $3 billion in annual economic activity to the state\u2019s economy.\u201d<\/p>\n\n\n\n


Key to the discussion was the Port of Brownsville\u2019s strategic position to become the center of American energy independence through liquified natural gas (LNG) facilities. The port is the site of two proposed LNG projects, Texas LNG and Rio Grande LNG. Both projects are in the final investment decision stage.
The Port of Brownsville recorded a banner year in 2021 with a record-breaking 13.8 million tons of commodities moved through the port docks while operating revenues surpassed the $30 million mark for the second consecutive year at $34 million.<\/p>\n\n\n\n


Petroleum-based commodities represented nearly 50 percent of the total cargo moved in 2021 with 6.3 million tons while the ever-growing steel sector at the port registered a record of 4.3 million tons of steel products moved. The port moves more steel into Mexico than any other domestic competitor and is a major transshipment center for liquid products like premium gasoline, low sulfur diesel, jet fuels, and lubricants destined to markets in South Texas and Northern Mexico.<\/p>\n\n\n\n


Additionally, the port\u2019s Foreign Trade Zone No. 62 plays a vital role in supporting a wide range of industries throughout North America. FTZ No. 62 ranks third out of 193 FTZs in the nation for the value of exports reporting more than $4 billion in exported goods in 2020, according to the U.S. Foreign-Trade Zones Board\u2019s Annual Report to Congress. The port\u2019s FTZ ranks 21st nationally for the value of imports totaling more than $3 billion.<\/p>\n","protected":false},"excerpt":{"rendered":"

Calling The Port a Key Component of Texas\u2019 Booming Energy Industry BROWNSVILLE, Texas \u2013 April, 5, 2022 \u2013 Texas Governor Greg Abbott highlighted the Port of Brownsville as a key component of Texas\u2019 booming energy industry and as a critical asset to the Lone Star State\u2019s economic success during an economic roundtable discussion with industry […]<\/p>\n","protected":false},"author":6,"featured_media":13310,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10,1,13],"tags":[],"class_list":["post-13309","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-local","category-news","category-state"],"_links":{"self":[{"href":"https:\/\/losfresnosnews.net\/index.php?rest_route=\/wp\/v2\/posts\/13309","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/losfresnosnews.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/losfresnosnews.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/losfresnosnews.net\/index.php?rest_route=\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/losfresnosnews.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=13309"}],"version-history":[{"count":2,"href":"https:\/\/losfresnosnews.net\/index.php?rest_route=\/wp\/v2\/posts\/13309\/revisions"}],"predecessor-version":[{"id":13312,"href":"https:\/\/losfresnosnews.net\/index.php?rest_route=\/wp\/v2\/posts\/13309\/revisions\/13312"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/losfresnosnews.net\/index.php?rest_route=\/wp\/v2\/media\/13310"}],"wp:attachment":[{"href":"https:\/\/losfresnosnews.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=13309"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/losfresnosnews.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=13309"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/losfresnosnews.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=13309"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}