20 May 2013 17:42 [Source: ICIS news]
HOUSTON (ICIS)--Worldwide Energy Consortium (WEC) announced on Monday it is proceeding with the initial engineering and permitting phase for its new $100m (€78m) refinery in La Salle County in southern Texas.
“The initial capacity is a minimum of 10,000 bbl/day, but it could be larger than that,” CEO Dave Martinelli said. “It’s contingent upon the result of the engineering and the permitting ceilings we’re under. Obviously, it’s going to grow from there.”
The Whitetail Refinery is the first of several planned operations by WEC in the region, and the company has identified multiple production sites that will allow it to take advantage of oil production from the Eagle Ford Shale play.
“We’re hoping within the next 45 days, we’ll be announcing the next site, but we’re still negotiating on sites,” Martinelli said.
Work on the Whitetail Refinery project will begin immediately, and the facility is expected to be operational by the last quarter of 2014.
Based in Dallas, Texas, WEC specialises in the design, construction and operation of custom refineries.
($1 = €0.78)
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