In May 2021, the US Virgin Islands refiner Limetree Bay Energy has suspended plans to restart its 200,000 bpd St Croix refinery indefinitely, following a temporary suspension of operations.
The company will now prepare the refinery for an extended shutdown, including purging gases from all lines and removing residual oil. The associated storage terminal will be unaffected by the shutdown.
Limetree Bay’s CEO, Jeff Rinker, said: “This was an extremely difficult decision for us, and we are truly saddened to announce suspension of our restart plans for the refinery.
“Our personnel have demonstrated tremendous commitment and dedication in restarting the refinery, and we continue to be proud of their hard work. Unfortunately, this is our only option, given the extreme financial constraints facing the company.”
A flare incident on May 12, 2021 resulted in a release of oil droplets which spread to the surrounding area, affecting local residents and water supplies, as well as resulting in a number of odour complaints. Internal investigations revealed that the incident was caused by ‘an upset’ at the coker unit. Limetree has since been trying to obtain capital to restart the refinery, but has been unsuccessful.
Albert Bryan Jr, US Virgin Islands Governor, said: “I’m hopeful for a ‘quick resolution’ to the restart of the refinery, for the sake of the workers and vendors who benefit directly and indirectly.”
For more information visit www.limetreebayenergy.com
