Meridian Energy Group will operate the upcoming Kermit refinery, proposed to be built at Texas in the US. The non integrated refinery will be owned by Meridian Energy Group and is expected to start operations in 2027.
Key processes of the refinery
Crude Distillation Unit (mbd): 58
Vacuum Distillation (mbd): 28
Reformer (mbd): 11
Hydrotreater (mbd): 33
During the period 2021-2025, the Kermit refinery is expected to witness an estimated capex of $330m.
About Meridian Energy Group
Meridian Energy Group Inc (Meridian) is an oil and gas company that develops and operates crude oil refineries. The company builds crude oil refineries to produce diesel, jet fuels, natural gas, and other fuels for housing, commercial businesses, industrial space and basic utility sectors. It develops and operates Davis Refinery located in North Dakota. Meridian also operates Greenfield fuels refinery in the US by utilizing art equipment and processes. The company’s refinery offers proximity to oil production, use of low cost natural gas for the operation, access to storage and transportation, and others. It also develops gas fired power plant to provide electrical power for the refineries. Meridian is headquartered in Irvine, California, the US.
Methodology
Information on the refinery is sourced from GlobalData’s refinery database that provides detailed information on all active and upcoming, crude oil refineries and heavy oil upgraders globally. Not all companies mentioned in the article may be currently existing due to their merger or acquisition or business closure.
