Pin Oak Terminals plans to build a $600 million petroleum liquids storage terminal in St. John the Baptist Parish, Louisiana. The company is permitted to build up to 10 million barrels of storage and unit train loops on its 431-acre site, according to Louisiana Economic Development (LED). Planned services include offloading, storage, heating, blending and transfer of liquids.
LED said the project would create 70 new on-site jobs with an average annual salary of more than $60,000 and 81 new indirect jobs. Pin Oak estimates the project will create 250 additional construction jobs.
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