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Limetree Bay refinery resumes operations

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Hydrocarbon Engineering,

Limetree Bay Ventures has announced that Limetree Bay Refining has successfully resumed operations and begun production and commercial sales of refined products.

The refinery is capable of processing over 200 000 bpd of crude oil and other feedstocks and will help transition the maritime fuel sector towards new international standards. Further, it is well situated to process the growing supply of Latin American sour crudes to fulfil consumer demand in growing end markets in the Caribbean, Central and South America, and the US East Coast

Jeffrey Rinker, CEO of Limetree, commented: “We are thrilled to commence operations and begin producing quality fuels for our customers. As we move into Limetree’s next chapter of commercial operations, I believe we are well positioned to succeed. In these difficult economic times, we are thankful to be able to support growth in the local economy and be a source of significant local employment for many years to come.”

Rinker continued: “The restart of a refinery is a complicated endeavour, requiring a first-class team of employees and contractors and a collaborative partnership between business and government. We have been able to restart operations due to the continued perseverance and efforts of our business partners, employees, investors and local government officials, overcoming challenges including Hurricane Maria and the COVID-19 pandemic. Industry leading safety performance was maintained throughout the restart project and I want to thank our employees and all key stakeholders for their tremendous work and continued commitment toward making today a reality.”

US Virgin Islands Governor Albert Bryan Jr. said: “This restart of the Limetree Bay Refinery is the culmination of years of hard work and is a big victory for St. Croix and the USVI. In these difficult economic times, I am very pleased that the Refinery is creating hundreds of well-paying, quality jobs for USVI workers. Limetree – thanks to its leading, global investors and business partners – has delivered on its promise to create world-class facilities that are well-situated to meet growing demands in the region and deliver local economic development to the USVI. We welcome and applaud them today for their commitment to the island and look forward to the successful continuation of our public-private partnership.”

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Downstream news Oil refinery news