Blue Dolphin Purchases Option to Acquire Ingleside Refinery

Blue Dolphin Energy has purchased a 180 day option  to acquire an idled refinery in Ingleside, TX. Lazarus Texas Refinery owns the idled facility. The refinery was built in the late 70s and had capacity of 40,000 b/d. The facility sits on 100 acres of land and has a barge dock that provides direct access to Gulf Coast waterways. 210,000 barrels of storage is currently leased and 475,000 barrels of storage tanks are being refurbished.

Blue Dolphin owns a refinery in Wilson County. The Nixon Facility is running 10,000 b/d of Eagle Ford crude. A re-commissioning of the Ingleside facility will require complete inspection and refurbishment where needed. The various storage, terminal, pipeline, barge, and processing portions of the plant could be re-started and operated independently of each other.

Koch Eagle Ford Shale Pipeline Going Forward

Koch Pipeline going forward with expansion that can potentially add 250,000 barrels per day of capacity from the Karnes County area to Corpus Christi. 

“ 'With this line, Koch Pipeline ultimately will have the capability to move 250,000 barrels-per-day of Eagle Ford production from the Karnes County area to the Corpus Christi-area,' said Kim Penner, KochPipeline president."

"With this new pipeline, and the other investments Koch Pipeline has made in terminals, lines and leaseagreements with other companies, the company will have increased transportation capability into Corpus Christi and Ingleside to more than 350,000 barrels per day."

Read the full press release at kochind.com