NOLA Oil Terminal LLC has begun construction on the first phase of a $930 million oil and refined products terminal on the Mississippi River in Plaquemines Parish, LA.


“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,” the company said Tuesday, referring to the largest vessels able to transit the Panama Canal and the Suez Canal.

The initial water-side phase of the project, slated for completion in mid-2022, includes two deep water berths capable of mooring 170,000-ton vessels and a barge dock serving both inland and oceangoing tank barges. The phase two land-side portion is still in the development stage, and expected to have storage capacity of up to 10 million...