The Los Angeles City Council voted Wednesday to allow construction of a crude oil import terminal at the Port of Los Angeles.

The Plains All American Pipeline terminal could handle up to 25 percent of Southern California’s petroleum imports. It will be built on Pier 400 and use existing pipelines owned by Plains All American.

The facility will have initial capacity of 350,000 barrels of oil per day. Storage tanks will hold up to 4 million barrels awaiting distribution to nearby refineries.

Plains All American estimates its cost for the construction project at $468 million.

“In tough economic times, I am glad that this project will move forward and create 6,300 good-paying construction jobs,” said Councilwoman Janice Hahn, who supported the measure.