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12 August 2008

Come by Chance expansion in works

It is far easier to expand an existing refinery than to try a greenfield project.

That's something Bond Papers has contended since NLRC first floated its plan for a 300,000 barrel per day project that is now in bankruptcy protection, without having turned sod one.

Meanwhile, Harvest Energy is looking at a $2.0 billion expansion of its existing Come By Chance refinery that would take production from 115K bpd to 190K bpd.

Harvest Energy is now looking for a partner in the project. 

-srbp-