Here is update on Kern Refinery acquisition by NTR – announcement of Foster Wheeler to do Engr. Feasibility and FEED on future Refining assets / investments – like a New Coking unit for current Kern Bakersfield Refinery to have more heavy crude capability.
NTR-Kern acquisition is set close 1Q 2008, NTR & FW are set pull trigger on feasibility & FEED so that would put a new coker online ~2011 earliest.
Regards
