Valdez oil terminal
The
Valdez Oil Terminal is an
oil port in
Valdez, Alaska, at the southern end of the
Alaska Pipeline. It was acquired by
British Petroleum in
1969, from the
Chugach, for $1. Some natives contend that this was an
illegal transfer. The terminal was the point of departure for the
Exxon Valdez just prior to the
Exxon Valdez oil spill.
There are 18 holding tanks at the terminal, and an average of three or four oil tankers depart from the terminal each day. Since the pipeline became operational in 1977, more than 15,000 tankers of oil have left the terminal.