By ALISON SIDER
The reconfigured crude distillation unit at BP's refinery
in Whiting, Indiana, is up and running, bringing
the company one major step closer to completing the modernization project at the facility.
BP has spent billions of dollars to upgrade the Whiting
facility. The upgrade is aimed at allowing the refinery to process more heavy, sour
Work at the plant has been ongoing since 2008 and is now 95%
done, the company said in a statement. Projects included a reconfiguration
of the 250,000-bpd crude distillation unit -- the largest of
three crude units, which are used to make gasoline. The project
also included the addition of new coking capacity and
"The Whiting refinery project is at the heart of our US
fuels strategy to operate sophisticated, feedstock-advantaged refineries tied
to strong logistics and fuels markets," said Iain
Conn, CEO of BP's refining and marketing segment. BP
has said the upgrade will bring in an additional $1 billion in
future operating cash flow.
"This world-class refinery is in the right location and will
soon be running the right equipment to process growing supplies
of North American crude oil, including oil from Canada."
The Whiting facility is BP's largest US refinery. With the
startup of the reconfigured crude unit, the Whiting refinery can again process 413,000
bpd of crude.
Dow Jones Newswires