Holly Frontier completes purchase of Shell refinery

摘要

Just in time for the SIGMA meeting and in time for aninteresting last sixth of 2021, HollyFrontier closed on its dealfor Shell's Puget Sound refinery on Nov. 1. HollyFrontier paid$613.6 million, which included a base cash purchase priceof $350 million, plus $266.2 million of inventory and accruedliabilities of $2.6 million.