Prairie Energy Plans ‘Decarbonized’ Crude Refinery
10.24.2022 By TankTerminals.com - NEWS

October 24, 2022 [Bulk Transporter] – New $5.56 billion facility headed to Texas or Oklahoma expected to reduce GHG emissions and water consumption, and create 423 full-time jobs, beginning in 2025

 

Prairie Energy Partners plans to build a $5.56 billion, “decarbonized” crude refinery that the Southern Rock Energy Partners subsidiary says will included an eight-bay truck terminal, 300-car rail terminal, and four-barge marine terminal.

Now Prairie Energy just needs to finalize the location of its new refinery.

The company reports the final two competing sites are in Victoria County in Texas, and Payne and Lincoln County in Oklahoma.

Construction is expected to commence in 2023. The multi-year project will create at least 1,250 temporary jobs during construction, and 423 permanent positions at the facility, which is expected to commence operations in 2025, delivering an estimated $150 million annual economic impact for the community, Prairie Energy said.

“This scale of project is not possible without strong support from the local community, which has agreed to support Prairie Energy Partners with local economic development incentives and service agreements,” the company said in a release.

The “next-generation” refinery complex will reduce and eliminate 95% of greenhouse gas emissions, including carbon dioxide, carbon monoxide, methane, nitrogen oxide, and sulfur oxide; reduce water production and consumption by 90%, with 80% further recycled and repurposed; and utilize a reduced footprint of only 400 acres, Prairie Energy claimed. The facility will annually produce approximately 91.25 million barrels—or 3.8325 billion gallons—of cleaner transportation fuels like gasoline, diesel, and jet fuel from crudes domestically sourced from the Eagle Ford, Permian, Denver-Julesburg (DJ), and Bakken basins.

While most refineries consume natural gas in the process heating units, this proposed facility would instead combine pure oxygen with “blue” hydrogen produced from refining off-gases and “green” hydrogen from electrolysis, with steam being the primary waste stream. The refinery will be powered by 100% renewable electricity, either sourced from the grid or generated on-site from recycled and repurposed waste heat, geothermal, and solar assets. The facility’s hydrogen complex will be the only unit of the facility that produces carbon dioxide, which will be captured and sequestered.

Logistics would be provided by a new bidirectional refined products pipeline connecting to nearby terminals located at or near the project site.

“The resulting facility would be a novel, best-in-class, decarbonized refinery,” the company said.

Pro Trial: Access 10,390 Tank Terminal and Production Facilities

10,390 tank storage and production facilities as per the date of this article. Click on the button and register to get instant access to actionable tank storage industry data

UAE Invests Billions in AI to Diversify Economy Beyond Oil
11.13.2024 - NEWS
November 13, 2024 [Oil Price]- The United Arab Emirates’ state-owned energy giant Abu Dhabi Nat... Read More
Gulf Energy Transition: Assessing Saudi and Emirati Goals
11.13.2024 - NEWS
November 13, 2024 [The Washington Institute]- On October 29, during Saudi Arabia’s annual Futur... Read More
How will The Energy Sector Fare Under Donald Trump?
11.13.2024 - NEWS
November 13, 2024 [Investing Daily]- The energy sector experienced a notable boost following Dona... Read More
PNOC, Pertamina Partner on LNG Infrastructure, Supply Chain
11.13.2024 - NEWS
November 13, 2024 [Manila Bulletin]- State-run Philippine National Oil Company (PNOC) has signed ... Read More