It’s been two and a half years since Energy Transfer submitted its plan for the Blue Marlin crude oil export project to the U.S. Maritime Administration (MARAD) and, like the large billfish for which the proposed offshore terminal is named, the project has spent most of its time under the surface and out of sight. But that doesn’t mean there hasn’t been forward movement on the regulatory and business fronts and, with U.S. oil exports rising fast and a preference among many shippers for VLCCs that can be fully loaded without reverse lightering, Blue Marlin is alive and kicking, as we discuss in today’s RBN blog.
It’s All Part of a Bigger Plan – The Case for Energy Transfer’s Blue Marlin Crude Oil Export Project
