Shell’s Louisiana refinery might be put for sale
Shell is checking the market to sell its Convent refinery in Texas.
The sale of the 240,000-barrels-per-day refinery would include the company’s products truck
terminal, marine docks, the Sorrento salt cavern for liquefied petroleum gas storage and rights for
its Bengal Pipeline.
Shell’s supermajor’s spokesman Curtis Smith said in a statement that “the process could take
several months” and that the plan is to “narrow down its ownership to a smaller, optimal core set
of uniquely positioned refineries by 2025.”
Shell became the sole owner and operator of the Convent refinery in 2017.