The hurricane-damaged refinery remains for sale and its “marketing process is ongoing,” said Phillips 66 spokesperson Bernardo Fallas. In August, Phillips 66 began meeting with potential buyers of the 255,600 barrel-per-day (bpd) refinery in Louisiana, on the state’s southeast coast. The Alliance refinery is one of three along the Gulf Coast that has been offered for sale this year. The other two are LyondellBasell Industries’ 263,776-bpd Houston refinery and Royal Dutch Shell’s shuttered 211,146-bpd Convent, Louisiana, refinery. The Alliance refinery could still have a future in the current energy transition, said John Auers, executive vice president with refinery-consultants Turner, Mason & Company“It’s still a viable refinery,” Auers said.

Source: MetroXpress September 24, 2021 23:48 UTC