Other Assets

The Company has invested in a joint venture that owns and operates a petrochemical terminal and storage facility in China.

Louis Dreyfus Zhong Ao Energy Terminal and Storage Facility

Louis Dreyfus Zhong Ao Energy is a jointly-owned oil and petrochemical import/export terminal and storage facility in Zhoushan City, Liuheng Island, off the coast of Shanghai, People’s Republic of China. The project consists of a 1.4 million barrel storage facility and deep water port with a 75-foot draft. CCI is a minority partner in the project providing commercial development expertise to the joint venture. The project has capacity for expansion of an additional 7.5 million barrels to store crude oil and petroleum products.

 

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