23 August 2012 17:28 [Source: ICIS news]
HOUSTON (ICIS)--Flint Hills Resources could spend more than $250m (€200m) to upgrade its Corpus Christi refinery in Texas in order to process more Eagle Ford shale crude oil, the company said on Thursday.
The construction to enhance the new processing capabilities, which would take place at the site’s 230,000 bbl/day West Refinery, would take about two years after regulators approve permits.
“We think Corpus Christi is the most advantaged location t o process this supply and the time is here to evaluate projects to process more of the crude into fuels for Texas markets,” Phil Gaarder, vice president and refining manager said in a press release.
Eagle Ford shale crude comes from Texas is harder to refine than many other grades.
The project will require 1,000 construction workers, but will not require more land, Gaarder said. Flint Hills did not say if the project would lead to new permanent refinery jobs.
The company said it expects to have the permit applications to the Texas Commission on Environmental Quality (TCEQ) and the US Environmental Protection Agency (EPA) in the coming weeks.
The Corpus Christi site also includes the East Refinery, which has a capacity of 70,000 bbl/day.
($1 = €0.80)
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