The Port of Corpus Christi Authority expanded its portfolio with the purchase of two separate parcels of land equaling more than 700 acres of San Patricio County property from Cheniere Energy.

Last Tuesday, port authority commissioners voted to adopt a resolution authorizing closing on a commercial contract which would see the port purchase a 552.087-acre tract of land in Ingleside on the La Quinta Channel and 158.65-acre tract of land south of Taft.

“We’ve been in serious negotiations with Cheniere for over half a year on this property,” Port of Corpus Christi Chief Financial Officer Kent Britton said.

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