Meridian Energy plans America’s largest new refinery in Belfield – VIDEO
BELFIELD, N.D. — Plans are moving forward to build the biggest new refinery in 40 years in the U.S. at a time when gasoline consumption is expected to break an all-time record in 2016.
California-based Meridian Energy Group is expected to begin construction soon on the planned Davis Refinery in North Dakota that would take advantage of the Bakken shale play and process up to 55,000 barrels of oil a day.
The project comes on the heels of the 2015 opening of the 20,000-barrel-a-day Dakota Prairie Refinery that represented the nation’s first new refinery since 1976.
“The Davis Refinery will be one of the most modern, efficient and environmentally-compliant refineries in the U.S. in more than 50 years,” Meridian Chairman and CEO William Prentice said in a prepared statement, noting that Houston-based BASIC Equipment is contracted for fabrication and construction services.