Coast Guard: Flyover Shows No Visible Damage To LOOP
Tuesday, September 02, 2008
A U.S. Coast Guard flight Tuesday found no visible damage at the Louisiana Offshore Oil Port in the wake of Hurricane Gustav.
LOOP officials are conducting inspections of the facility Tuesday and haven't yet given an estimated date to restart the facility, the only one in the U.S. that can handle large crude tankers from sources as diverse as Saudi Arabia and Venezuela. Forecasters feared the port was directly in Gustav's path as it came ashore Monday.
The onshore offices control pipeline connections that send oil to refineries in Louisiana, Texas and the Chicago area. The offshore port, which handles large tankers and processes more than 10% of U.S. oil imports, shut down on Saturday.
Source: Dow Jones Newswires
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