December 13, 2021 [BizNewOrleans] – NOLA Oil Terminal LLC announced that it has begun construction on phase one of an oil and refined products terminal project in Plaquemines Parish.
The facility occupies 158 acres located at Mile Marker 59 on the lower Mississippi River. The $300 million wharf and dock bond funding for this project was approved in summer 2021. NOLA Oil Terminal is designed to allow Mississippi River access to large vessels.
NOLA Oil Terminal in total is a $930 million dollar project. The initial water-side phase of the project includes two deep water berths for tankers and one barge dock. These two berths will be capable of mooring 170,000-ton vessels. The barge dock will serve both inland and oceangoing tank barges. Land-side construction constitutes the second phase of the project.
NOLA Oil Terminal was founded in 2013 by two entrepreneurs: COO Christian Amedee and Principal Engineer Roy M. Carubba.
“Crude oil and clean petroleum products such as gasoline, diesel, and jet fuel are significant trade products for Louisiana, but we aren’t able to take advantage of the larger vessels,” says Amedee. “That changes today. This terminal will be the first in the area to be able to accommodate vessels which currently are too large and deep to dock in the Mississippi River or in most Gulf of Mexico and Eastern Seaboard ports.
The positive impact on Louisiana’s economy will be immense.”
“This boost to our economy couldn’t come at a better time, and NOLA Oil Terminal represents the kinds of projects Plaquemines Parish is looking for,” said Benny Rouselle, former president of Plaquemines Parish and former chairman of the Port of Plaquemines. “Not only will this flagship be an economic driver for the Parish, but it will also put us on the map as the first deep water wharf able to accommodate these massive tankers, signaling a bright economic future for Plaquemines Parish.”
Amedee said NOLA Oil Terminal will be able to accommodate up to six tankers each week. The completed structure is expected to have a storage capacity as high as 10 million barrels.
In addition to opening new channels to import and export crude oil and other clean petroleum products, NOLA Oil Terminal expects to create over 1,000 construction jobs through completion of phases one and two.
Additionally, the completed terminal is expected to sustain from 30 to 40 permanent jobs in Plaquemines Parish. Phase one, the wharves and docks, is projected to be completed in mid-2022. All required permits are in place, and site preparation including site clearing, open channel drainage, construction access roadways, geotechnical investigations and pile load tests, and environmental studies is completed. Phase two, the land-side section, is in the development phase.
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