Hovensa

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Hovensa
Hovensa is located in Saint Croix,  US Virgin Islands
Hovensa
Location of Hovensa Refinery in Saint Croix
Country United States Virgin Islands
Province St. Croix
City Christiansted
Coordinates 17°42′16″N 64°45′19″W / 17.70444°N 64.75528°W / 17.70444; -64.75528Coordinates: 17°42′16″N 64°45′19″W / 17.70444°N 64.75528°W / 17.70444; -64.75528
Refinery details
Operator Hovensa LLC
Owner(s) Hess Corporation, Petroleos de Venezuela
Commissioned 1966 (1966)
Capacity 500,000 bbl/d (79,000 m3/d)

Hovensa (known also as St. Croix Refinery) is a petroleum refinery located on the island of St. Croix in the United States Virgin Islands. The refinery is a joint venture between Hess Corporation and Petroleos de Venezuela. For most of its operating life as HOVENSA it supplied heating oil and gasoline to the U.S. Gulf Coast and the eastern seaboard with the crude mainly sourced from Venezuela. Previously it had sourced its crude feedstock from a number of other countries including Libya. At a capacity of about 500,000 barrels per day (79,000 m3/d) as of 2010 it was in the top 10 largest refineries in the world.[1][2][3]

Hess Oil Virgin Islands Corporation started refinery construction in January 1966 having purchased the property from Annie de Chabert and, in October of the same year, the refinery started operating.[4] In 1974, the capacity of refinery was expanded up to its peak at 650,000 barrels per day (103,000 m3/d). Hovensa LLC, which took over the refinery operatorship, was established in 1998.[citation needed]

In January 2011, Hovensa paid a $5.3 million penalty for Clean Air Act violations.[5] On January 18, 2012 the company announced that it would close the refinery by mid-February 2012. The refinery will then serve as a storage terminal.[6]

See also[edit]

References[edit]

  1. ^ "Omar Shuts Down Hovensa". Downstream Today. AFX News Limited. 2008-10-15. Retrieved 2010-07-08. 
  2. ^ "Hovensa Refinery Reopens". Downstream Today. AFX News Limited. 2008-10-20. Retrieved 2010-07-08. 
  3. ^ Daker, Susan (2009-06-30). "Hovensa Defers Capital Projects, Trims Workforce". Downstream Today. Dow Jones Newswires. Retrieved 2010-07-08. 
  4. ^ Collins, John (2002-04-18). "Instability In Venezuela Being Watched Closely". Puerto Rico Herald. Retrieved 2011-06-27. 
  5. ^ "2ND Largest Refinery To Pay $5.3 Million Penalty For Clean Air Act Violations" (Press release). Employee Medical Credentialing Services. 2011-01-27. Retrieved 2012-01-20. 
  6. ^ Bronis, Jason (2012-01-18). "Hovensa LLC to shut Virgin Islands oil refinery". Toledo Blade. Associated Press. Retrieved 2012-01-20. 

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