Spanish:
 
|
Shell unveils plans for 'biggest refinery in US'
AFP
LONDON
Petroleumworld.com 04 30 06
Anglo-Dutch oil group Royal Dutch Shell announced plans on Friday to make its jointly owned Motiva refinery in Port Arthur, Texas, the biggest in the United States.
Shell founded the Motiva refiniery in 1998 with Saudi Refining and is considering increasing the output at the facility by 325,000 barrels per day.
"The project would make the Port Arthur Refinery the largest in the country," Shell said in a statement.
Output would rise to 610,000 barrels per day, higher than the 557,000 barrels per day produced by the ExxonMobil facility in Baytown, Texas, the current biggest in the country.
"Pending necessary regulatory approvals, Motiva would expect to initiate final engineering later in 2006 and begin construction in 2007," said Shell, while underlining that a final decision to expand the facility had not been taken.
"The new capacity would be projected to come online in 2010."
A shortage of refining capacity worldwide has been identified as one of the reasons behind the recent surge in crude oil prices. Oil companies have been accused of failing to invest adequately in new facilities.
AFP 28 04 06 1447 GMT
Copyright © 1994-2006 Agence France-Presse. All Rights Reserved.
Your
feedback is important to us!
We invite all our readers to share with us
their views and comments about this article.
Write to editor@petroleumworld.com
Any
question or suggestions, please write to:
editor@petroleumworld.com
Best
Viewed with IE
5.01+
Windows
NT 4.0, '95, '98 and ME +/ 800x600 pixels