NOLA Oil Terminal, LLC announced today that it has begun construction on phase one of an oil and refined products terminal project in Plaquemines Parish, occupying 158 acres located at Mile Marker 59 on the lower Mississippi River.
The $300 million wharf and dock bond funding for this project was approved in summer 2021 and marks the largest bond issue approved by the Port of Plaquemines in over 50 years.
NOLA Oil Terminal will be the first of its kind in the region, allowing Mississippi River access for much larger vessels, such as the New-Panamax* and the Suezmax.** NOLA Oil Terminal in total is a $930 million dollar project.
The initial water-side phase of the project includes two deep water berths for these tankers and one barge dock. These two berths will be capable of mooring 170,000-ton vessels. The barge dock will serve both inland and oceangoing tank barges.
Land-side construction constitutes the second phase of the project. NOLA Oil Terminal was founded in 2013 by two entrepreneurs: COO Christian Amedee and Principal Engineer Roy M. Carubba, PE. Amedee explains that this project, when completed, will be the newest state-of-the-art facility along the lower Mississippi River and is poised to add further value by offering blending, storing, and transferring needs with a superior geographical location.
