Limetree Bay Refinery to Shut Indefinitely on Funding Shortage

摘要

Limetree Bay Energy will begin preparing its St. Croix refinery in the U.S. Virgin Islands for an extended shutdown after failing to securing necessary funding for its restart efforts, co. saysin emailed statement.1. Includes safely purging gases from all of the units and removing any residual oil and products in the lines1.1 Facility has been shut since May 12 after a major emissions event2. Required to cut the refinery’s workforce by ~271 employees, from Sept. 192.1 “This was an extremely difficult decision for us, and we are truly saddened to announce suspension of our restart plans for the refinery,” said Jeff Rinker, Limetree Bay’s CEO2.2 “Unfortunately, this is our only option, given the extreme financial constraints facing the company”.