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Terminal News

LOOP looks to export crude from its marine terminal

LOOP looks to export crude from its marine terminal
The Louisiana Offshore Oil Port is looking to offer contracts to export crude from its deepwater marine terminal on the US Gulf Coast.

Currently, crude stored at the largest privately owned crude terminal in the US is exported via terminals at St. James and crude arrives at St James via a LOOP-operated pipeline. The new services would be its first for exports and could be available by early 2018.

The facility would have capacity to load VLCC's and the new service would provide connectivity from its Clovelly Hub in Louisiana to its deepwater port offshore in Port Fourchon.

LOOP says that it will modify its current infrastructure to make the facility capable for exports.

Tom Shaw, LOOP's president, says: 'Today, customers are seeking the optionality to safely and efficiently load or offload, which is a natural request for a port. This service offers our customers the scalability to fully load a VLCC.'



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