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Oil port seeks customers for planned crude loading facility

10 months 3 weeks 5 days ago December 01, 2015 Dec 1, 2015 Tuesday, December 01 2015 December 01, 2015 12:10 PM in News
Source: Associated Press
By: APNewsNow
Image: Wikimedia Commons by CC 2.0

FORT FOURCHON - The Louisiana Offshore Oil Port is seeking customers for a planned service that will send crude to Texas refineries.

The project is intended to bring back the market that was cut off when the Houston-to-Houma pipeline was reversed two years ago, according to a LOOP spokesperson.

The pipeline began sending oil from Texas to Louisiana in 2013. During the previous 33 years, the pipeline sent oil from Louisiana to Texas.

Coleman says the new project would re-establish LOOP's reach, giving the Gulf of Mexico crudes a bigger market. LOOP believes there is demand for the Gulf's medium-sour crudes, which have a higher sulfur content.

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