Somerset oil refinery is back in production, at about 40%

February 6, 2013 

The Continental Refining Company shown in 2011. Photo provided

PHOTO PROVIDED

SOMERSET — A Somerset oil refinery is back on line after a three-year shutdown, and officials expect the facility to operate at full capacity within six months.

Continental Refining Company started receiving crude oil about four months ago, but company officials held off on an announcement until Sunday. Owner Demetrios Haseotes told The Commonwealth Journal the refinery is operating at about 35 to 40 percent capacity.

"Every day we are picking up local crude and adding more," Haseotes said.

Continental Refinery is one of only two refineries in the state. Marathon Petroleum Company operates the other refinery at Catlettsburg.

At full capacity, the Somerset refinery in a year can produce 23 million gallons of gasoline, 6 million gallons of kerosene, 21 million gallons of diesel fuel and 30 million gallons of heating oils.

The refinery closed in February 2010 after a series of financial problems.

Continental Refining Company purchased the refinery a little more than a year ago. It has secured a contract with Sunoco Partners Marketing and Terminals.

The Continental Refining Company facility in Somerset is operating again after being shut down for three years. When back to full capacity, it will produce 23 million gallons of gasoline a year.

Photo submitted

SOMERSET — A Somerset oil refinery is back on line after a three-year shutdown, and officials expect the facility to operate at full capacity within six months.

Continental Refining Company started receiving crude oil about four months ago, but company officials held off on an announcement until Sunday. Owner Demetrios Haseotes told The Commonwealth Journal the refinery is operating at about 35 to 40 percent capacity.

"Every day we are picking up local crude and adding more," Haseotes said.

Continental Refinery is one of only two refineries in the state. Marathon Petroleum Company operates the other at Catlettsburg.

At full capacity, the Somerset refinery in a year can produce 23 million gallons of gasoline, 6 million gallons of kerosene, 21 million gallons of diesel fuel and 30 million gallons of heating oils.

The refinery closed in February 2010 after a series of financial problems.

Continental Refining Company purchased the refinery a little more than a year ago. It has secured a contract with Sunoco Partners Marketing and Terminals.

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Somerset oil refinery is back in production, at about 40%

Associated Press

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