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Preliminary agreement reached for St Croix refinery restart

Limetree Bay Refining has reached an agreement in principle with the supply and trading arm of an unidentified major international oil company to restart the idled 500Kbd refinery on St Croix in the US Virgin Islands.

Restart operations at the complex are scheduled for commissioning by yearend 2019 with an initial crude processing capacity of approx. 200Kbd.