Meridian secures midstream logistics partner for Davis refinery
Meridian has signed a letter of intent with an unidentified firm to support midstream logistics for its grassroots 49.5kbd (2.475Mnta) high-conversion Davis refinery to be built in Billings County. Under the agreement, the yet-to-be identified firm will build, own and operate the crude oil and refined product midstream and logistics installations for the refinery.
Site preparation and grading, and final design, equipment fabrication, and procurement at the Davis refinery are advancing, with full construction to resume later this spring. Start-up is scheduled sometime in 2020.