News Post
ExxonMobil mulls expanding Beaumont refinery into largest in US
ExxonMobil is considering a multi-billion-dollar
expansion of its Beaumont
refinery in Texas, according to a weekend report from news agency
Reuters.
The
expansion would be among the first major
refining investments of the US shale boom.
If carried out, the
expansion would potentially more than double the size of the 344,600 bpd Beaumont
refinery with the addition of a third crude
distillation unit (CDU),
Reuters reported.
An Exxon spokesman declined to discuss plans for the Beaumont refinery and said the company was always evaluating growth options.
The largest US refinery at present is Motiva's 600,000 bpd refinery in nearby Port Arthur, Texas. However, ExxonMobil is reportedly looking at making the Beaumont plant even bigger.
"They've talked between 700,000 and 800,000 bpd in total
refinery capacity," a source told
Reuters.
More modest near-term
projects to upgrade and expand coking units to refine more heavy crudes are already underway, according to the report, which cited sources saying Exxon was moving forward on plans to replace four coking unit drums in 2015 and add two new coker drums in 2017.
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