Quantum Energy Inc. and joint venture (JV) partner Native Son Refining LLC filed a minor source air quality construction permit application for a crude processing facility with the North Dakota Health Department’s division of air quality, the company said July 29.
The facility will process 40,000 barrel per day (Mbbl/d) on land Quantum has under option in the Berthold area. Estimated output is 18,400bbl/d of gasoline, 13,200bbl/d of diesel #2, 5,600bbl/d of diesel #1 and 2,800 bbl/d of AGO/bottoms.
Quantum Native Processing Partners LLC is a JV special purpose entity created by Quantum and Native Son.
Andrew Kacic, CEO of Quantum, said Native Son’s engineering was completed and an application was in hand. Quantum had sites ready for the permit process. The JV arose logically, he said.
The 40Mbbl will double Quantum’s proposed 20Mbbl/d plan, Robert L. Monday, Native Son’s founder, added. The permitting process is expected to take four to six months, he said.
The Berthold refinery’s annual revenues, at June prices, are about $1.2 billion. The capital commitment to build the facility is estimated at $645 million.
Quantum Energy Inc. is based in Williston, N.D.
Recommended Reading
Pembina Pipeline Enters Ethane-Supply Agreement, Slow Walks LNG Project
2024-02-26 - Canadian midstream company Pembina Pipeline also said it would hold off on new LNG terminal decision in a fourth quarter earnings call.
Williams Beats 2023 Expectations, Touts Natgas Infrastructure Additions
2024-02-14 - Williams to continue developing natural gas infrastructure in 2024 with growth capex expected to top $1.45 billion.
Canadian Railway Companies Brace for Strike
2024-04-25 - A service disruption caused by a strike in May could delay freight deliveries of petrochemicals.
TC Energy’s Keystone Back Online After Temporary Service Halt
2024-03-10 - As Canada’s pipeline network runs full, producers are anxious for the Trans Mountain Expansion to come online.
Enbridge Announces $500MM Investment in Gulf Coast Facilities
2024-03-06 - Enbridge’s 2024 budget will go primarily towards crude export and storage, advancing plans that see continued growth in power generated by natural gas.