Hazelwood Energy Hub developing $400 million oil complex, 265 jobs in St. Landry Parish
BATON ROUGE, La. — Hazelwood Energy Hub President Bob Edmundson and Gov. Bobby Jindal announced the company will develop a $400 million crude oil storage and blending complex in St. Landry Parish. The company will construct six aboveground crude oil storage tanks and utilize four salt dome caverns for additional storage of numerous crude oil varieties. It plans to blend and ship crude oil to refinery customers in the Gulf Region.
The company anticipates creating 123 new permanent jobs with an average annual salary of $63,500, plus benefits. Louisiana Economic Development estimates the petroleum hub project will result in 145 new indirect jobs, for a total of more than 265 new jobs in Acadiana and surrounding regions. In addition, the project is expected to create 200 construction jobs. HEH expects to begin construction in 2016, and the facility is expected to begin operation in 2018.
Source: Louisiana Economic Development