Wednesday, July 4, 2007

Total Plans to Invest $409 Million to Expand U.K.'s Lindsey Oil Refinery

(Bloomberg) -- Total SA, Europe's largest oil
refiner, said it would spend 300 million euros ($409 million) on
equipment to boost diesel output at its Lindsey refinery, the
company's largest in the U.K.

Total will add a hydro-desulphurization unit and a steam
methane reformer unit at the refinery in Lincolnshire, the
Paris-based company said in an e-mailed statement. The equipment
will be commissioned in 2009 and increase the plant's output of
so-called ultra-low-sulfur diesel while processing cheaper
grades of crude, Total said.


Read more at Bloomberg Energy News

No comments: