Oban Energies developing $4.5B refinery and oil storage facility in Grand Bahama Island

US-based Oban Energies, LLC is developing an $4.5-billion oil refinery and oil storage facility located off the southern tip of Grand Bahamas Island, 35 miles east of Freeport, GBI. Oban envisions that the terminal will play a key strategic role as one of only two facilities close to the US Gulf and East Coasts for deep water marine terminal servicing of crude and other products that are unloaded from large tankers at the marine terminal and either stored or loaded onto smaller ships that can access the shallower water berths along the East Coast and the Caribbean.

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