The Long Beach Board of Harbor Commissioners inks Letter of Intent to study development of a a 28-acre site on Pier T. The project is to construct a deep-water terminal for crude oil and petroleum products including gasoline, and the port has chosen Vopak Terminals North America Inc. to study the development. The preliminary agreement between the Port and Vopak sets basic deal terms and green-lights an environmental impact study of a “liquid bulk” terminal for petroleum tanker ships.
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