01 October 2011 12:44 [Source: ICIS news]
BERLIN (ICIS)--Valero completed its $585m (€433m) purchase of Murphy Oil USA’s 135,000 bbl/day refinery and inventories at Meraux, Louisiana, the Texas-based energy producer said on Saturday.
The purchase includes an adjacent product terminal, a 20% equity interest in the Collins Product Pipeline and T&M terminal, and a 3.2% interest in the Louisiana Offshore Oil Port (LOOP), Valero said.
($1 = €0.74)
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