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RE: Sonoco Tulsa Refinery may become terminal

Home Forums Coking News: DCU, Upgrader 1.Coker (registered users only) Sonoco Tulsa Refinery may become terminal RE: Sonoco Tulsa Refinery may become terminal

#6343

Charles Randall
Participant

Here is update on Sunoco Tulsa Refinery – they seem to have backed themselves into a corner… or in this case a terminal since No upgrade or coker ~ =no refinery.
 
Since they canceled the $375 MM upgrade that would also have made them compliant with environmental & product quality compliance, they are now forced to either sell or become a terminal. 
 
The article mentions Valero has 2 Mid-Continent refineries that haven’t sold do to economic reasons – it is doubtful that currently configured sweet crude Tulsa refinery would be considered ahead of them. Looking at all Valero’s refineries for sale & current Western’s refinery sale wish list makes it an even darker horse/candidate.
 
Regards

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