Tesoro elects not to buy North Slope crude for Nikiski RefineryPrice, transportation cost and quality factor into company’s decision not to extend oil purchase contract with state of Alaska Steve Sutherlin PNA Contributing Writer
Tesoro Alaska Petroleum Corp. is no longer purchasing Alaska North Slope crude oil from the state of Alaska for use in its Nikiski refinery.
Tesoro’s current three-year contract to buy about 35,000 barrels of North Slope crude per day from the state expired on Dec. 31.
Price was the main issue alt....
[additional news subjects in this story]
Crude oil not the same at Valdez as at pump station No. 1 Quality bank adjusts for quality Transportation costs a factor in Tesoro decision Future supply sources to be determined
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