Mid Atlantic Energy, LLC is developing an oil storage facility (Phase I), liquefied natural gas facility (Phase II) and oil refinery (Phase III) along the Northwest Providence Channel off the southern tip of Grand Bahama Island, just 35 miles east of Freeport. With a current shortage of liquid bulk storage locations in the Caribbean, this project is being embraced by the Bahamas government as providing needed services, employment opportunities and economic growth to the region.

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 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.

With a location just 90 miles (145 kilometers) from the US Eastern Seaboard, this complex is ideally suited as a merchant facility for storing and blending liquid products,
transshipping and terminal operations for the Arabian Gulf, West African and Northwest
European trade to the United States’ East coast and Gulf coast, as well as for North
American trade to Europe, Latin America and the Pacific.