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NORTH AMERICA

LOOP ships first crude as US looks to reduce energy dependency

 THE Louisiana Offshore Oil Port has shipped its first Very Large Crude Carrier oil load as the first US port able to process crude at this capacity, and can load the largest cargo vessels in the world for export. 

Carmen Allan-Patale
Louisiana Offshore Oil Port ships first cargo

Louisiana Offshore Oil Port ships first cargo

Inbound vessels delivering foreign oil can now leave the LOOP with US oil, rather than returning empty.   With plans to become a major oil exporter, the US and its oil companies are investing heavily...

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