$7-b expansion to make Shell's Texas refinery largest in US
Royal Dutch Shell will go ahead with a 3,25,000 barrel-per-day capacity expansion of its Motiva refinery Texas.
By TNN |
LONDON: Royal Dutch Shell will go ahead with a 3,25,000 barrel-per-day capacity expansion of its Motiva refinery Texas that will make the plant one of the biggest in the world.
The Anglo-Dutch group said on Friday the project, the first big US refinery expansion in decades, would cost $7 billion.
The 2,85,000 bpd Port Arthur refinery is owned by Motiva Enterprises, Shell’s US unit Shell Oil’s equal joint venture with Saudi Refining.
Shell, the world’s second-largest non-government controlled oil group by market value, said the expansion would increase the refinery’s crude oil capacity to 6,00,000 bpd, making it the largest refinery in the US. The expansion is equivalent to building the first new refinery in more than 30 years in the United States.
The Anglo-Dutch group said on Friday the project, the first big US refinery expansion in decades, would cost $7 billion.
The 2,85,000 bpd Port Arthur refinery is owned by Motiva Enterprises, Shell’s US unit Shell Oil’s equal joint venture with Saudi Refining.
Shell, the world’s second-largest non-government controlled oil group by market value, said the expansion would increase the refinery’s crude oil capacity to 6,00,000 bpd, making it the largest refinery in the US. The expansion is equivalent to building the first new refinery in more than 30 years in the United States.
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