The one-of-its-kind Louisiana Offshore Oil Port (LOOP) handles 13% of the United States foreign oil and connects by pipeline to 50% of the nation’s refining capability.
The one-of-its-kind Louisiana Offshore Oil Port (LOOP) handles 13% of the United States foreign oil and connects by pipeline to 50% of the nation’s refining capability.
Louisiana is strategically located on the Gulf of Mexico, providing easy access to major shipping lanes and quick and efficient product transport to domestic and international ports.
Description
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Products & Services
Louisiana Solar Power Generation is Growing
Louisiana Economic Development
Louisiana has the potential to generate up to 13,000 megawatts of solar power, equivalent to the state’s total electricity demand.
Louisiana has a warm and sunny climate, making it an ideal location for solar power generation. The state has an average of 216 sunny days per year, higher than the national average.
Louisiana has large, flat expanses of land that can be used for solar panel installations.
Workforce and Innovation Power Louisiana’s Emerging Offshore Wind Sector
Louisiana Economic Development
The state’s location on the Gulf of Mexico makes it a natural fit for offshore wind, offering shallow waters with moderate average wave heights.
The federal government selected the first two areas for offshore wind development in the Gulf of Mexico in 2022, clearing the way for offshore wind turbines south of Lake Charles.
Louisiana has a well-established industrial infrastructure and provides dock space needed to handle incoming goods. The state also has the existing facilities needed to convert steel and composites into finished products, such as blades and foundations, and the prowess for offshore installation.
Offshore wind in the Gulf of Mexico could eventually generate 10% of all U.S. wind energy.
People
Ben Fontenot
Louisiana Economic Development
Director Business Development
India Bellard
Louisiana Economic Development
Director, Business Development
Jason Lanclos
Louisiana Economic Development
Director, State Energy Development and Planning
Marlene Janetos
Louisiana Economic Development
Director of Engagement
Description
Louisiana is home to numerous global companies with operations in the Gulf, one of the most productive oil and gas basins in the world. Offshore activity includes drilling, production and transportation of oil and gas.
The Louisiana Offshore Oil Port is the only deepwater oil port in the nation, providing tanker offloading at a rate of 100,000 barrels of crude oil per hour. It is the largest point of entry for U.S. waterborne crude oil. Onshore, LOOP facilities include the Clovelly Dome Storage Terminal where nearly 60 million barrels of crude oil can be stored in eight underground salt caverns and 12 million barrels can be stored above ground.
Louisiana is home to two of the four storage sites that make up the U.S. Strategic Petroleum Reserve (SPR), which is capable of holding an emergency stockpile of up to 714 million barrels of crude oil.
The Louisiana Offshore Oil Port is the only deepwater oil port in the nation, providing tanker offloading at a rate of 100,000 barrels of crude oil per hour. It is the largest point of entry for U.S. waterborne crude oil. Onshore, LOOP facilities include the Clovelly Dome Storage Terminal where nearly 60 million barrels of crude oil can be stored in eight underground salt caverns and 12 million barrels can be stored above ground.
Louisiana is home to two of the four storage sites that make up the U.S. Strategic Petroleum Reserve (SPR), which is capable of holding an emergency stockpile of up to 714 million barrels of crude oil.
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