Louisiana Offshore Oil Port (LOOP)
From Global Energy Monitor
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Louisiana Offshore Oil Port (LOOP) is an operating oil export terminal offshore Port Fourchon, Louisiana, United States.
Location
The terminal is located 18 miles offshore Port Fourchon, Louisiana, United States.
Project details
- Operator: LOOP LLC
- Owner: LOOP LLC*
- Parent company: MPLX; Marathon Oil; Shell; Valero Energy*
- Location: offshore Port Fourchon, Louisiana, United States
- Coordinates: 28.85981849, -90.02204471 (exact)
- Capacity: 150,000 barrels per day[1]
- Status: Operating
- Type: Export
- Start year: 2018
- Associated infrastructure: Louisiana Offshore Oil Port (LOOP) Pipeline
Note: mtpa = million tonnes per year; bcfd = billion cubic feet per day
*LOOP LCC is a joint venture among: Marathon Pipe Line LLC; Shell Oil Company; Valero Terminaling and Distribution Company. Marathon Pipe Line LLC is owned by MPLX and Marathon Oil. Shell Oil Company is owned by Shell plc. Valero Terminaling and Distribution Company is owned by Valero Energy.
Background
The terminal was commissioned in February 2018, becoming the United States's first oil export terminal after the U.S. lifted an ban on oil exports in December 2015.[1]
Articles and resources
References
- ↑ 1.0 1.1 LOOP stepping up domestic oil exports as US moves toward energy independence, WWLV TV, Aug. 21, 2019