State proposes royalty oil sale to Tesoro
Refiner to buy up to 15,000 barrels per day of Alaska North Slope crude under one-year contract potentially worth $568 million
For Petroleum News
The state is proposing a one-year contract to sell up to 15,000 barrels per day of Alaska North Slope royalty crude oil to refiner Tesoro.
San Antonio-based Tesoro operates a refinery at Nikiski, on the Kenai Peninsula. The refinery is Alaska’s second-largest in terms of crude throughput capacity, t....
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Benefits of sale
No sweetheart deal
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