Project Profile
Value: $130 Million
Startup Year: 2012
Location: Louisiana
LOOP offloads foreign crude oil from tankers, stores crude oil, and transports crude oil via connecting pipelines to refineries throughout the Gulf Coast and Midwest. LOOP is building four 660,000-barrel storage tanks. Three of the tanks are reserved for production from BP\'s Thunder Horse platform.
Current crude oil storage is 60 million barrels in underground storage and fifteen 600,000 barrel tanks. Current construction will expand the tank facility by seven 375,000 barrel tanks.
Three pipelines connect the Clovelly Hub to refineries in Louisiana and along the Gulf Coast. LOOP also operates the 53-mile, 48-inch pipeline that connects LOOP to LOCAP Terminal at St. James, Louisiana. The LOCAP Terminal is connected to Plains Terminal, NuStar Terminal, Sugarland and Capline. Capline is a 40-inch pipeline that transports crude oil to several Midwest refineries when needed.
Operators:
LOOP LLC (Louisiana Offshore Oil Port)
Marathon Oil Corp.
Shell
Murphy Oil Corp.
Main Contractors:
American Tank & Vessel Inc. (AT&V