crude exports since as a deepwater port it makes it more manageable to load up a large ship such as a VLCC,” Sandy Fielden, director of commodities and energy research at Morningstar Inc., said by phone from Austin, Texas.

LOOP’s ability to handle tankers capable of carrying 2 million barrels in their holds would reduce shipping costs for companies looking to send crude to refiners in Asia. LOOP has shown itself to be a safe and efficient partner for the delivery of large volumes of crude oil. Offshore Louisiana Offshore Oil Port (LOOP) Houston: Offshore Texas Crude Oil Export Terminal Brownsille: Jupiter Offshore Loading Terminal (JOLT). shale fields and Canadian oil-sands mines has reduced refiners’ need for imported oil. Over the last three decades, LOOP has handled more than 12 billion barrels (1.91 billion m 3) of foreign and domestic crude oil. Ports are competing to fill the needs of domestic oil producers looking for outlets for their growing supply. The port would continue to take in foreign oil, the port’s owner LOOP LLC said in an emailed statement Monday. Gulf Coast able to handle a fully laden supertanker, is gauging interest from shippers in sending crude overseas on the world’s biggest ships by early next year. Louisiana Offshore Oil Port, the only terminal along the U.S. It is a seaport, with significant petroleum industry traffic from offshore Gulf oil platforms and drilling rigs as well as the Louisiana Offshore Oil Port. oil-import hub wants to grab a piece of surging North American crude exports. Poseidon: a 367-mile Gulf of Mexico offshore crude oil pipeline with 350 kbpd capacity transporting to key markets in Texas and Louisiana.

Louisiana offshore oil port map