Valero Services Inc : Valero and TGS Development to Construct Marine Terminal in Port Arthur, Texas

Valero Services Inc : Valero and TGS Development to Construct Marine Terminal
                            in Port Arthur, Texas

SAN ANTONIO, Jan. 4, 2013 - Valero Terminaling and Distribution Co. (VTDC),  a 
subsidiary of Valero Energy  Corporation (NYSE: VLO),  and TGS Development  LP 
have formed a  50-50 joint venture  and started construction  on a new  marine 
terminal on the lower Sabine-Neches Waterway near Port Arthur, Texas.

As participants in  the joint venture,  known as PI  Dock Facilities LLC,  TGS 
Development LP  will act  as  the site  developer and  VTDC  will act  as  the 
operator. The marine  terminal will  receive crude  tankers of  up to  Suezmax 
class, and will be able to  operate without the daylight restrictions  imposed 
on other terminals in the upper Sabine-Neches waterway. 

The crude dock,  which is scheduled  for completion in  the fourth quarter  of 
2013, will deliver crude oil through  a new 36-inch pipeline to Valero's  Port 
Arthur Refinery  and will  have  the flexibility  to  connect to  other  local 
refineries. The marine terminal  site spans over 100  acres and has space  for 
two additional  berths  suitable  for  LPG  and  refined  product  exports  or 
additional crude receipts.

"We are  excited to  have Valero  and TGSD  develop this  site for  crude  oil 
receipts. This  will be  a huge  plus for  the City  of Port  Arthur, and  we 
support further expansion into marine  movements of other commodities  through 
PI Dock  Facilities,"  said  Terry  Doyle, chairman  of  the  Pleasure  Island 
Commission of the City of Port Arthur.

Richard Lashway, Senior  Vice President, Logistics  Operations and  Commercial 
Development for  Valero,  said, "The  site,  previously  used as  a  dry  dock 
facility with  a  protected  inlet  off the  channel,  offers  Valero  24-hour 
berthing for vessels up to Suezmax Class, reducing our delivered crude costs."

About Valero
Valero Energy  Corporation,  through  its subsidiaries,  is  an  international 
manufacturer  and  marketer  of  transportation  fuels,  other   petrochemical 
products and power.  Valero subsidiaries employ  approximately 22,000  people, 
and assets include 16 petroleum refineries with a combined throughput capacity
of approximately 3 million barrels per day, 10 ethanol plants with a  combined 
production capacity of 1.2  billion gallons per year,  and a 50-megawatt  wind 
farm. Approximately  6,800  retail and  branded  wholesale outlets  carry  the 
Valero, Diamond Shamrock, Shamrock and Beacon brands in the United States  and 
the Caribbean;  Ultramar in  Canada;  and Texaco  in  the United  Kingdom  and 
Ireland. Valero is a  Fortune 500 company based  in San Antonio. Please  visit 
www.valero.com for more information.

Contacts
Investors: Ashley Smith, Vice President - Investor Relations, 210-345-2744
Media: Bill Day, Executive Director - Corporate Communications, 210-345-2928
Website: www.valero.com

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Source: Valero Services Inc via Thomson Reuters ONE
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