Come By Chance Refinery
| Come By Chance Refinery | |
|---|---|
  | |
| Country | Canada |
| Province | Newfoundland and Labrador |
| City | Come By Chance |
| Coordinates | 47°47′57″N 53°59′45″W / 47.79917°N 53.99583°WCoordinates: 47°47′57″N 53°59′45″W / 47.79917°N 53.99583°W |
| Refinery details | |
| Operator | North Atlantic Refining |
| Owner(s) | North Atlantic Refining |
| Commissioned | 1973 |
| Capacity | 115,000 bbl/d (18,300 m3/d) |
| Number of employees | 550 |
| Refining units | alkylation, isomerisation, distillation of crude oil, hydrocracking, reforming catalytic, cracking catalytic, desulphuration |
| Number of oil tanks | 49 |
In 2014, Silver Range Financial Resources LLC, a New-York Based commodity hedge-fund bought the refinery. Come By Chance Refinery (also known as North Atlantic Refinery) is a crude oil refinery located in Come By Chance in Newfoundland and Labrador, Canada. It has a refinery capacity of 115,000 barrels per day (18,300 m3/d). It was operated by North Atlantic Refining, was owned by Korea National Oil Corporation.
History
The refinery was built by John Shaheen's Shaheen Resources in 1971–1973. It was operated in 1973–1976 until the bankruptcy of Shaheen Resources. The refinery was restarted in 1986 by Newfoundland Processing Ltd. In August 1994, the Vitol Group purchased the refinery and the operating company North Atlantic Refining was founded. In October 2006, Calgary-based Harvest Energy Trust purchased North Atlantic Refining for $1.6 billion, and in October 2009, the company was purchased by Korea National Oil Corporation.[1]
References
- ↑ "History of the Refinery at Come by Chance". North Atlantic Refining. Retrieved 2010-01-24.