Virgin Islands' Hovensa Refinery to Cease Operations, Become Oil-Storage Terminal, an Industria

Virgin Islands' Hovensa Refinery to Cease Operations, Become Oil-Storage Terminal, an Industrial Info News Alert

ID: 105737

(firmenpresse) - SUGAR LAND, TX -- (Marketwire) -- 01/19/12 -- Researched by Industrial Info Resources (Sugar Land, Texas) -- The Hovensa Refinery, located on the island of St. Croix in the U.S. Virgin Islands, will close by mid-February, according to an announcement made yesterday by Hovensa LLC, the operator of the refinery. Hovensa LLC is a joint venture of (NYSE:HES) (New York, New York) and Petróleos de Venezuela SA (PDVSA) (Caracas, Venezuela).

The has a nameplate crude processing capacity of more than 500,000 barrels per day (BBL/d), but recently has been processing about 350,000 BBL/d because of the decreased demand for refined products that began during the economic downturn.

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Bereitgestellt von Benutzer: MARKETWIRE
Datum: 19.01.2012 - 11:35 Uhr
Sprache: Deutsch
News-ID 105737
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SUGAR LAND, TX



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Oil & Gas



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