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40,000 to 45,000 BPD

Item #: 1246
Price: Call
Description:
1.)A 40,000 to 45,000 BPD Refinery, non-operating now; however it can be started up and operated at present site location. The location in the Gulf Coast Region of the United States. Can accept Ocean going Oil Tankers and barges. Has major pipe line hook ups.
a.Current Option Owner wants a Joint Venture Partner and will give up majority ownership to JV Partner.
b.Current Option Owner is experienced and can operate Refinery for the JV Partner or will let the JV Partner handle operations.
c.Base price of the Refinery $22,000,000.
d.One quote to rework, upgrade and put into operation, $25,000,000.
e.Total “turn key” cost of $47,000,000 and 6 to 9 months to complete.
f.Site location is large enough to move a 30,000 to 45,000 BPD onto the same location. Increasing total capacity from 75,000 to 90,000 BPD.