![]() ![]() The “port” is actually three mooring buoys located 18 miles offshore in 110 feet of water. Marathon, Shell and Murphy own LOOP but Murphy is selling its stake to Valero. This time we turn our attention to Louisiana and the Louisiana Offshore Oil Port (LOOP). The first four episodes focused on crude storage terminal facilities on the Texas Gulf Coast. Check out Kyle Cooper’s weekly view of natural gas markets at Part 4 looked at Magellan’s East Houston Terminal (see The Stocks of Magellan). In Part 3 (see Crude Accommodation at the Oiltank Inn) we covered Oiltanking Houston’s 12 MMBbl terminal on the Houston Ship Channel. In Part 2 (see Nederland Crude Wonderland) we looked at the 22 MMBbl Energy Transfer Partners/Sunoco Logistics Nederland Terminal at Port Neches between Beaumont and Port Arthur. In Part 1 (see Echo and the Blending Men) we looked at the new 6 MMBbl Enterprise ECHO crude terminal. This is Part 5 in our series covering crude oil terminals in the Gulf Coast region. Today in the first of two blogs on LOOP we look at how the port operates today. As shale crude and increasing Canadian imports rush toward the Gulf Coast pushing out waterborne imports, the terminal needs to redefine its future. Capable of handling 1.2 MMb/d of crude throughput and with associated storage topping 67 MMBbl, LOOP is connected by pipeline to 50% of the nation’s refineries. The Louisiana Offshore Oil Port (LOOP) is the nation’s largest waterborne crude oil import terminal.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |