By OGJ editors
HOUSTON, Feb. 22 -- The US Minerals Management Service has let four contracts for the purchase by small refiners of crude oil produced in federal waters of the Gulf of Mexico and Pacific Ocean.
Under the MMS Small Refiners Program, the agency sells royalty oil from offshore leases to qualified small refiners. Delivery of 50,000 b/d as outlined in the 6-month contracts is scheduled to begin Apr. 1.
The four refiners receiving contracts were Paramount Petroleum Corp., Paramount, Calif.; Gary-Williams Energy Corp., Denver; US Oil & Refining Co., Tacoma, Wash.; and Placid Refining Co. LLC, Port Allen, La.