Refining Community Logo

Husky Lima Refinery and Lima Energy Signs 10yr Ultra LS Syncrude Contract

Home Forums Refining Community Refinery News Husky Lima Refinery and Lima Energy Signs 10yr Ultra LS Syncrude Contract

This topic contains 1 reply, has 1 voice, and was last updated by  Charles Randall 6 years, 1 month ago.

  • Author
    Posts
  • #1593

    basil parmesan
    Participant

    Lima Energy Signs 10-Year Ultra Clean Synthetic Crude Contract

    October 01, 2013 06:00 AM Eastern Daylight Time
    LIMA, Ohio–(BUSINESS WIRE)–Lima Energy Company, a subsidiary of USA Synthetic Fuel Corporation in Washington, D.C., has signed a contract to supply up to 80 million barrels of oil equivalent (boe) of Ultra Clean Synthetic Crude (“UCSC”) to Husky Energy’s Lima Refinery over ten years.
    “We are delighted to be in a position to deliver an ultra clean high tech synthetic crude product to the Lima Refinery”
    The Ultra Clean Synthetic Crude represents a breakthrough in low cost clean energy, as it is sold at a discount to the oil market and is a high quality product with less than 1 part per million (ppm) sulfur content. In addition, the UCSC will be manufactured next door to the Lima Refinery, eliminating the significant supply costs and logistics of transporting oil.
    The contract calls for volumes of up to 22,000 barrels per day (bpd) starting with an initial production volume of about 7,000 bpd.
    “We are delighted to be in a position to deliver an ultra clean high tech synthetic crude product to the Lima Refinery,” remarked Harry H. Graves, Chairman of the Lima Energy Company. The Lima Refinery currently supplies about 25% of Ohio’s total gasoline needs.

  • #4424

    Charles Randall
    Participant

    Here is update on Husky’s Lima Refinery 10yr Contract for 80 million BBL Ultra LS (less 1ppm Sulfur) Synthetic Crude – at volumes of 7MBD to 22MBD.
    Husky has also made recent announcements about looking at $300 MM Upgrade to the 155MBD Lima Refinery to increase heavy crude processing (up to 40MBD Heavy Canadian crude) & flexibility and complete by 2017. This would likely include a coker revamp/replacement/addition. The Husky board approved $50MM for Engineering study for the project in Sept 2013.
    Husky has recently made a $60MM investment in a new Kerosene Hydrotreater that gives plant flexibility to make additional 22MBD of either Jet Fuel or Diesel.  
    Regards

You must be logged in to reply to this topic.

Refining Community