$2.5 Billion Crude Oil Export Terminal and 700-Mile Pipeline Project Planned in Louisiana

Kansas-based Tallgrass Energy said that it and Drexel Hamilton Infrastructure Partners are building a crude oil export terminal on the Mississippi River and a 700-mile pipeline project. The new plans will be a $2.5 billion investment and create 35 permanent jobs.

The project will be built in Plaquemines Parish.

The Advocate reports the project is designed as a public-private partnership, with the Plaquemines Port Harbor and Terminal district providing multiple deepwater docks along the Mississippi River.

The project could be fully operational by mid-2020 and will be permitted for up to 20 million barrels of crude oil storage, according to Louisiana economic development officials.

Tallgrass says it has plans to build an offshore pipeline extension that will give the terminal the capability to load very large crude carriers.

Source:
Houston Chronicle