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.
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