I have conflicting reports. Back in November, 2014, it was reported that the refinery west of Dickinson would start producing diesel fuel "next month," which would have been December, 2104.
Yesterday a reader told me that the refinery has not yet begun production, and I see one of my most recent posts (March, 2015) said that "they" expected the refinery to start production within the next three months, which would be April, May, June, or July, 2015, for first production.
Also of interest, the final cost:
Initially estimated to cost $300 million, the refinery’s price tag has grown to $360 million, in part because of unusually wet conditions that have hampered construction, said John Stumpf, WBI Energy’s senior vice president of business development and midstream.The Dickinson refinery, at 20,000 bbls/day is significantly smaller than the proposed Valero topping refineries in Texas:
The company’s plans include adding a 70,000 b/d unit at the Corpus Christi refinery at an estimated cost of $340 million and a 90,000 b/d topping unit in Houston at a cost of $390 million.
Valero announced plans to add the 90,000 b/d unit at its Houston facility at an estimated cost between $220 – $280 million early in 2013. According to Valero Spokesman, Bill Day, those costs are now projected at $390 million for the 90,000 b/d unit.Disclaimer: I often make factual and/or typograhical errors. Do not use this site for making any decisions about what to do with your life, financial, investing, job-hunting, or otherwise. If this information is important to you, go to the source.
The refinery is only small at this point because the permitting process was easier for a small refinery.
ReplyDeleteAny idea why there was a delay in coming on-line, if there was a delay? It seems the refinery was to get first shipment of crude oil in December, 2014 and production to start soon thereafter; now reports that it will be sometime in the next three months (April - July, 2015).
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