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Chevron tells Petrobras to prove Texas refinery operational

April 25/2019

MOSCOW (MRC) -- Chevron Corp has told Petrobras it wants proof a Pasadena, Texas, refinery will function as promised before it will take possession of the facility, reported Reuters with reference to sources.

Chevron announced in January it would buy the 112,229 barrel-per-day (bpd) Pasadena Refining System Inc (PRSI) refinery owned by Petrobras for USD350 million.

The transfer of ownership to Chevron was put on hold on April 2, one day after planned overhauls began on the refinery, the sources said.

Representatives of Chevron and Petrobras were not immediately available to comment.

PRSI filed a notice on Friday with the Texas Commission on Environmental Quality (TCEQ) that it was restarting the 56,000 bpd gasoline-producing Fluidic Catalytic Cracking Unit.

But, also over the weekend the catalytic reformer was shut at the refinery, the sources said. The reformer converts refining byproducts into octane-boosting components blended with gasoline.

As MRC wrote before, in May 2018, Chevron Products Company, a division of Chevron U.S.A. Inc., and Novvi LLC announced that they had entered into an agreement to jointly develop and bring to market novel renewable base oil technologies.


mrcplast.com
Author:Margaret Volkova
Tags:crude and gaz condensate, Chevron, Petrobras, USA.
Category:General News
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