{"id":378971,"date":"2020-10-17T09:16:32","date_gmt":"2020-10-17T03:46:32","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=378971"},"modified":"2020-10-17T09:53:10","modified_gmt":"2020-10-17T04:23:10","slug":"bp-may-cut-oil-supply-to-caribbean-refinery-limetree-bay-if-it-stays-idle","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/bp-may-cut-oil-supply-to-caribbean-refinery-limetree-bay-if-it-stays-idle\/","title":{"rendered":"BP may cut oil supply to Caribbean refinery Limetree Bay if it stays idle"},"content":{"rendered":"<p>The problem-plagued Limetree Bay refinery in St. Croix, Virgin Islands, may lose its main supplier of crude, oil major BP, if it isn&#8217;t successfully up and running by December, according to two people familiar with the matter. <\/p>\n<p>The Caribbean refinery&#8217;s owner, Limetree Bay Ventures, has spent at least $2.7 billion restoring the facility, initially hoping to tap rising demand for low-sulfur fuels and markets in Latin American and Caribbean. But the plant&#8217;s restart date has been delayed by nearly a year now. <\/p>\n<p>BP Plc invested in the plant with an agreement to supply its crude and market the fuels produced in anticipation of a late 2019 startup. BP can terminate that contract if the plant cannot reach a certain production target by year-end, the people said, threatening the future of the largest new refining capacity in the Americas.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The problem-plagued Limetree Bay refinery in St. Croix, Virgin Islands, may lose its main supplier of crude, oil major BP, if it isn&#8217;t successfully up and running by December, according to two people familiar with the matter. The Caribbean refinery&#8217;s owner, Limetree Bay Ventures, has spent at least $2.7 billion restoring the facility, initially hoping to tap rising demand for low-sulfur fuels and markets in Latin American and Caribbean. But the plant&#8217;s restart date has been delayed by nearly a year now. BP Plc invested in the plant with an agreement to supply its crude and market the fuels produced [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[146,130,177],"tags":[],"class_list":["post-378971","post","type-post","status-publish","format-standard","hentry","category-deccan-herald-newspapers","category-newspapers","category-oil-gas-deccan-herald-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/378971","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=378971"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/378971\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=378971"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=378971"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=378971"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}