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RE: Marathon to expand refinery in Detroit

Home Forums Coking News: DCU, Upgrader 1.Coker (registered users only) Marathon to expand refinery in Detroit RE: Marathon to expand refinery in Detroit

#7194

Charles Randall
Participant

Here is an update on the MAP Detroit coker addition and refinery expansion to run Hvy Canadian crude – the $1.9 billion expansion was approved Wednesday Oct 31, 2007. Lot of credit for this MAP project moving forward lies with MAP acquisition of Western Oil sands last month (and its heavy crude production as article indicates) – too bad its also in Alberta where Royalties are going crazy.
 
Construction is due to start late this year or early in 2008 depending on speed of permit process – so I would lean toward early 2008 based on resistance of other projects. Crude volume increase will be about 15% – so the cost expansion+upgrade works out to be ~$22,000/BBL heavy crude charge which is at high end of range as all recent projects have been (but about half of what cost are for upgrader heavy crude project runs).

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