Oil port seeks customers for planned crude loading facility
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.
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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.