MMEX Resourcesnew oil refinery is being developed in Pecos County, Texas, US. Credit score: MMEX Resources.
The refinery site might be unfold throughout 476 acres. Credit: MMEX Resources.
MMEX has opened a regional office in Fort Stockton to facilitate the project improvement. Credit score: MMEX Sources.
The refinery site is in close proximity to Texas Pacifico Railroad railway line, which can allow simple transportation of refined products. Credit score: MMEX Sources.
MMEX Resources is currently developing a brand new oil refinery in Pecos County in the West Texas Permian Basin, US.
It is about to have a capacity of 50,000 barrels per day (bpd) and will require an investment of roughly $450m.
The new refinery will probably be the primary oil refinery to be constructed within the US for more than forty years upon completion in 2019.
It is anticipated to generate 400 jobs during the development section, in addition to various oblique employment opportunities.
Another one hundred permanent jobs are anticipated to be generated upon graduation of operations at the site.
MMEX Resourcesnew refinery is ready to occupy a 476-acre site in Pecos County, situated 20mi (32.1km) north-east of Fort Stockton, Texas.
The positioning is situated close to the Sulphur Junction spur of the Texas Pacifico Railroad, which is able to enable access to the present railways and facilitate the transportation of the refined products to Mexico and South America.
The power also has access to roadway and pipeline infrastructure to additional support the availability and sale of refined merchandise.
Pecos County refinery details
The refinery will probably be developed in two phases, with phase one set to comprise the construction of a crude distillation unit for producing diesel, naphtha and residuals.
The distillation system will have a manufacturing capacity of around 10,000 barrels per day (bpd).
Section two of the challenge will contain the development of a big-scale refinery with a capacity of 50,000 barrels per day, which might be expanded to 100,000 barrels per day at a later date.
It is going to be able to producing a variety of transportation specification fuels resembling diesel, gasoline, and jet fuels.
MMEX bought the 126 acres of land required for section one in July 2017.
The first phase may have a total footprint of Early 15 acres. It received environmental approval from the Texas Fee on Environmental High quality in August 2017.