Hydrocarbon Processing Copying and distributing are prohibited without permission of the publisher
Email a friend
  • Please enter a maximum of 5 recipients. Use ; to separate more than one email address.



Sunoco to supply crude to Continental for reopened Kentucky refinery

08.28.2012  | 

Continental Refining purchased the then-closed Somerset refinery in December 2011 and immediately began updating the process plant’s operations. Now reopened, the Continental plant is the only oil refinery within a 170-mile radius, which results in significantly decreased transportation costs.

Keywords:

Continental Refining named Sunoco Partners as crude oil supplier for its 5,500 bpd Somerset refinery in Kentucky, officials said on Tuesday.

Financial terms were not disclosed.

The relationship marks a major milestone for Continental because it will eliminate any disruptions in crude supply, the company said.

Continental Refining purchased the then-closed Somerset refinery in December 2011 and immediately began updating the process plant’s operations.

Now reopened, the Continental plant is the only oil refinery within a 170-mile radius, which results in significantly decreased transportation costs, the company says.

“This contract marks an important step in the advancement and efficiencies taking place at Continental Refining Company,” said Continental Refining CEO Demetrios Haseotes.

“We are very excited about this relationship because Sunoco Partners Marketing & Terminals LP’s substantial assets and resources provide Continental with a consistent supply of crude oil to the refinery.”

Continental will receive crude oil by truck, rail, pipeline and barge at the refinery, it said.

The terminal will also provide enhanced logistics for clean products in south-central Kentucky and northern Tennessee.



Have your say
  • All comments are subject to editorial review.
    All fields are compulsory.

Related articles

FEATURED EVENT


Sign-up for the Free Daily HP Enewsletter!

Boxscore Database

A searchable database of project activity in the global hydrocarbon processing industry

Poll

Should the US allow exports of crude oil? (At present, US companies can export refined products derived from crude but not the raw crude itself.)


64%

36%




View previous results

Popular Searches

Please read our Term and Conditions and Privacy Policy before using the site. All material subject to strictly enforced copyright laws.
© 2014 Hydrocarbon Processing. © 2014 Gulf Publishing Company.