Valero plans to expand crude unit capacity at McKee refinery
Valero Energy Corp. announced plans to expand the crude unit capacity of its McKee refinery by 25,000 bpd. Announced on March 16, the refinery will process West Texas Intermediate crude oil from Midland to feed the increased charge rate. The expansion project, which will take place over the next three years, will increase the amount of crude oil available to be processed at the McKee refinery to 195,000 bpd.
The expansion plans follow the previously announced Panhandle crude gathering system expansion project, which is nearing completion. That project involves looping an existing pipeline from Valero’s storage facility in Perryton, Texas, as well as building additional pump stations and storage facilities to bring more locally produced crude to the McKee refinery.
“These expansion plans will enable Valero to capitalize on the production of West Texas and locally produced crudes,” said Joe Gorder, Valero’s Executive Vice President and Chief Commercial Officer. “The McKee refinery will have more flexibility and more options, and that benefits Valero as well as the surrounding area.”
Comments