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Atlantic Basin Refining, Inc. (ABR) Announces Agreement In Principle to Acquire Hovensa LLC in the U.S.V.I.
Atlantic Basin Refining, Inc. (“ABR”) today officially confirmed that it has reached an agreement in principle to purchase Hovensa LLC, inclusive of the St. Croix refinery and all related contracts and assets, from affiliates of Hess Corporation and Venezuela’s state-run PDVSA. ABR this afternoon will meet with the 30th Legislature of the United States Virgin Islands (USVI) to discuss an agreement with the Government of the USVI regarding the terms and conditions of Hovensa, LLC’s operation of the St. Croix refinery.

date.png11 Nov 2014 13:23 | comments.png 0 Comments | tags.png abr n-america refinery usvi [ More ]
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