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Caribbean Refinery Is Back in Business


Limetree Bay Refining in St. Croix, U.S. Virgin Islands, has successfully resumed operations.
Limetree Bay Refining in St. Croix, U.S. Virgin Islands (USVI), has successfully resumed operations and begun production and commercial sales of refined products, Limetree Bay Ventures, LLC reported Monday.
As Bloomberg reported last fall, the former Hovensa refinery – previously owned by Hess Corp. (NYSE: HES) and Petroleos de Venezuela SA (PDVSA) – had been shuttered since 2012. The Limetree Bay complex comprises the refinery, which can process more than 200,000 barrels per day (bpd) of crude, as well as a 34-million-barrel crude and petroleum products storage and marine terminal facility, stated Limetree Bay Ventures, a portfolio company of institutional investor EIG Global Energy Partners. ....

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- Limetree Bay Ventures Commences...


édité le 02/02/2021
Limetree Bay Ventures, LLC (“Limetree” or “the Company”), a world-class refinery, terminal and logistics hub controlled by EIG Global Energy Partners (“EIG”), 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 barrels of crude oil and other feedstocks per day and will help transition the maritime fuel sector toward new international standards. Further, it is well situated to process the growing supply of Latin American sour crudes to fulfill consumer demand in growing end markets in the Caribbean, Central and South America, and the US East Coast. With the completion of the refinery restart and, together with the Company’s integrated terminal and marine infrastructure, Limetree Bay has reemerged as a world-class energy hub and logistics center serving the region and international markets from its advantaged cent ....

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Limetree Bay Ventures Commences Refinery Startup Operations


Press release content from Business Wire. The AP news staff was not involved in its creation.
Limetree Bay Ventures Commences Refinery Startup Operations
February 1, 2021 GMT
ST. CROIX, U.S. Virgin Islands (BUSINESS WIRE) Feb 1, 2021
Limetree Bay Ventures, LLC (“Limetree” or “the Company”), a world-class refinery, terminal and logistics hub controlled by EIG Global Energy Partners (“EIG”), today announced that Limetree Bay Refining (“the Refinery”) has successfully resumed operations and begun production and commercial sales of refined products.
The Refinery is capable of processing over 200,000 barrels of crude oil and other feedstocks per day and will help transition the maritime fuel sector toward new international standards. Further, it is well situated to process the growing supply of Latin American sour crudes to fulfill consumer demand in growing end markets in the Caribbean, Central and South America, and the US East Coast. With the com ....

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