04
Wed, Feb

Texas deepwater oil export project wins US regulatory approval

Texas deepwater oil export project wins US regulatory approval

World Maritime
Texas deepwater oil export project wins US regulatory approval

Currently, only one US port, the Louisiana Offshore Oil Port, can fully load supertankers. Other facilities can only load a supertanker partially due to draught restrictions, requiring them to use smaller ships to ferry crude to the larger vessel to fill it.

The Texas project will enhance the United States’ ability to accommodate very large crude carriers, Duffy said, which will significantly reduce vessel congestion, improving navigational safety. The process is faster, cheaper, and more efficient than transferring cargo in nearshore waters, he added.

"The Texas GulfLink project is proof that when we slash unnecessary red tape and unleash our fossil fuel sector, we create jobs at home and stability abroad," Duffy said. "This critical deepwater port will allow the US to export our abundant resources faster than ever before.”

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