LONG BEACH, CA—The Long Beach Board of Harbor Commissioners recently approved a letter of intent with Vopak Terminals North America to study development of a 28-acre site on Pier T as a deep-water terminal for crude oil and petroleum products including gasoline.
The preliminary agreement between the Port and Vopak sets basic terms and green-lights an environmental impact study of a liquid bulk terminal for petroleum tanker ships.
It would take up to 4½ years to do a full environmental review, design, permit and construct the new terminal. If an environmental impact report, or EIR, is certified and plans approved, the Port would conduct about $37 million worth of dredging and other waterside improvements, and Vopak would invest $120 million on land-side improvements for the first phase of construction.
The terminal would be the fourth crude oil terminal in the Port of Long Beach, and the first in the port complex since 1983. All relevant environmental, safety and security issues would be reviewed as part of the environmental study.
On land, the terminal would be served by nearby pipeline connections to oil and petroleum product distribution facilities and oil refineries.
Vopak is a division of the Rotterdam, Netherlands-based Royal Vopak, the world's largest operator of liquid bulk marine facilities.
Under the preliminary agreement, the Port would receive at least $2.9 million annually in revenue once the terminal is constructed, for phase one. The project would have up to three phases.
The Port of Long Beach is a premier gateway for trans-Pacific trade and an industry leader in environmental sustainability. More than $155 billion in trade flows through the Port each year, supporting about 300,000 jobs in Southern California.
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David Phillips
David Phillips is a Chicago-based freelance writer and consultant with more than 20 years experience in business and community news. He also has extensive reporting experience in the food manufacturing industry for national trade publications.
