The Port of Long Beach Board of Harbor Commissioners approved the proposed study to alter a 28-acre site on Pier T into a deep-water terminal for crude oil and petroleum products.

The preliminary agreement between POLB and Netherlands-based Vopak Terminals North America Inc. would bring the first liquid bulk terminal to the Port since 1983, bringing the total up to four. The “Pier Echo” site, part of the former US Navy base, has been in rounds of discussion for its use since 2010.

It is project that it will take four-and-a-half years to do a full environmental review, design, permitting process, and finalize the construction of the project $37 million new terminal, which is expected to generate 1,200 job in its first phase alone. Vopak, should the EIR become certified and plans are approved, is expected to invest some $120 million in land-side improvements over the first phase of construction.

Should the project get built, it is expected that Vopak would being some 21 to 55 million barrels of oil each through the terminal. Currently, POLB brings in about 200 million barrels of oil annually.

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