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Southern Rock Energy Looking to Build New Victoria Refinery
The proposed refinery is a joint venture between Southern Rock Energy and UltraFuels. It’s expected to cost $5.5 billion to build and pump out 250,000 barrels-per-day. The new project will have a number of green enhancements in comparison to past refinery projects. A reduction in carbon dioxide emissions, volatile organ compounds and other greenhouse gas emissions are expected to be cut by 95%.
The project would also include production of blue hydrogen with carbon capture equipment, reducing water consumption by 90%, with 80% of the waste water being recycled or repurposed.
Southern Rock’s Steven Ward touted the new refinery features, “By processing the light, shale crudes, the refinery design reduces capital and operating expenses, water consumption, the real estate footprint and most importantly eliminates emissions including carbon dioxide, nitrogen oxide and sulfur dioxide.”
- ◦Development