Proposed deepwater Gulf ports could cut crude costs
Deepwater facilities to lower the costs of handling crude oil are proposed by the Northville Industries Corp. and the newly formed Texas Deepwater Port Authority (TDPA) for Galveston, Texas. Projected savings will be 32 to 37 cents per barrel. The proposal most likely to be built will be whichever of the two succeeds in signing up oil companies first. There will not be enough traffic to support two terminals. Another deepwater project is already underway in Louisiana. Deepwater facilities able to receive supertankers were licensed by the Department of Transportation (DOT) last year but were rejected by the Seabrook, Inc. consortium because the liability requirements and antitrust restrictions were unacceptable. The same design plans will be used by TDPA, which will ask DOT to relax its requirements. Construction and operating plans of the two proposals are summarized.
- OSTI ID:
- 7036166
- Journal Information:
- Energy User News; (United States), Journal Name: Energy User News; (United States) Vol. 3:19; ISSN EUSND
- Country of Publication:
- United States
- Language:
- English
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Related Subjects
022000 -- Petroleum-- Transport
Handling
& Storage
29 ENERGY PLANNING, POLICY, AND ECONOMY
294002* -- Energy Planning & Policy-- Petroleum
ATLANTIC OCEAN
CARIBBEAN SEA
COASTAL WATERS
CONSTRUCTION
CONSTRUCTION PERMITS
DEEP WATER OIL TERMINALS
ECONOMICS
ENERGY SOURCES
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FOSSIL FUELS
FUELS
GULF OF MEXICO
HARBORS
LIABILITIES
LICENSES
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NATIONAL ORGANIZATIONS
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SURFACE WATERS
TANKER SHIPS
TERMINAL FACILITIES
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US DOT
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