South Texas to get America's largest new refinery since 1977
A Houston company is looking to pump $500 million into South Texas to create the largest new refinery in the U.S. in nearly 40 years.
The facility — located in the southwest corner of Duval County off of Texas Highway 359 — will be able to process up to 50,000 barrels of Eagle Ford shale light crude oil a day, and will have up to 4 million barrels of available storage, the company said in a news release.
Raven Petroleum says it will produce diesel, jet fuel, naphtha, gasoline, and liquified petroleum gas products to be exported via rail and possibly pipeline to Mexico. A section of Kansas City Southern Railroad line bisects the 832-acre property.
The project is slated to begin by the third quarter of 2017, and Raven Petroleum estimates construction could be completed by the end of 2018.
http://www.mysanantonio.com/business/eagle-ford-energy/article/South-Texas-to-get-America-s-largest-new-10631565.php
