LOOP meaning in Governmental ?

Answer: What is Louisiana Offshore Oil Port mean?

The Louisiana Offshore Oil Port (LOOP) is a deepwater port in the Gulf of Mexico 29 kilometers (18 nautical miles) off the coast of Louisiana near the town of Port Fourchon. LOOP provides tanker offloading and temporary storage services for crude oil transported on some of the largest tankers in the world. Most tankers offloading at LOOP are too large for U.S. inland ports. LOOP handles 13 percent of the nation's foreign oil, about 1.2 million barrels (190,000 m3) a day, and connects by pipeline to 50 percent of the U.S. refining capability.

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