In 2018, DHIP entered into a Public-Private Partnership with the Plaquemines Port Harbor and Terminal District, a Louisiana state agency, and subsequently selected Tallgrass Energy, a wholly-owned subsidiary of Blackstone Infrastructure Partners to construct and operate the Plaquemines Liquids Terminal (PLT), a $2.5 billion liquid bulk storage terminal and deep-water export facility located on the lower Mississippi River approximately 20 miles south of New Orleans.
PLT is capable of storing 20 million barrels of bulk liquids and is designed to load and unload Post-Panamax and Capesized vessels. PLT is in the final stages of permitting and engineering.
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