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Approval of the Crude Oil Export Project at the Deepwater Blue Marlin Port in Louisiana
Oil and Petrochemicals

Approval of the Crude Oil Export Project at the Deepwater Blue Marlin Port in Louisiana

منبع تصویر: gcaptain.com

By 3 min Read time 34,639

The Blue Marlin Offshore Port crude oil export project has recently been approved and has officially received the green light to begin its operations. This project, located on the shores of Louisiana, will be capable of exporting up to 2 million barrels of crude oil daily.

Details of the Blue Marlin Project

This deepwater port is located approximately 99 miles from Cameron Parish, Louisiana, and is situated in Block 509 west of Cameron. The project is developed by a subsidiary of Energy Transfer and will utilize existing infrastructure and converted oil platforms that connect to crude oil supply centers in Texas and southwestern Louisiana.

Blue Marlin is designed to allow Very Large Crude Carriers (VLCCs) to load directly in deep waters, eliminating the need to use busier port facilities in inland areas. This system has a maximum loading capacity of 80,000 barrels per hour.

Economic Impact and Job Creation

According to reports from the U.S. Department of Transportation, this project is expected to create up to 1,052 jobs in the construction sector. The new facilities will support domestic oil production and open vital supply lines to global markets.

This approval marks the fourth deepwater project approved during the Trump administration, following the crude oil export projects Texas GulfLink, Delfin LNG in Louisiana, and the $8.2 billion ST LNG project in Texas.

The approval process for this project took several years, with the initial application submitted in October 2020. The U.S. Maritime Administration and Coast Guard completed the final environmental impact assessment statement for this project earlier this year.

This marine terminal will be fed through a dedicated pipeline network that connects the Nederland terminal in Texas and other domestic crude oil supply centers to the marine loading facilities. The goal of this project is to increase U.S. crude oil export capacity and reduce the need for large tankers to navigate through crowded coastal waters.

Stephen Carmel, MARAD Administrator, emphasized that this approval demonstrates the agency's ability to expedite energy infrastructure development while maintaining safety standards. This decision was made after thorough reviews involving the Coast Guard, other federal agencies, and the states of Texas and Louisiana.

However, the start date for construction and the timeline for the completion of the Blue Marlin project have not yet been announced.

Source: gcaptain.com