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Reuters: Shell still studying Texas JV refinery expansion

HOUSTON, March 7 (Reuters) – Shell Oil Co. (RDSa.L: Quote, Profile , Research) President John Hofmeister said on Wednesday the company continues to study expanding a joint-venture refinery in Port Arthur, Texas.

Shell hopes to decide this year if Motiva Enterprises 285,000 barrel per day (bpd) refinery will expand to 600,000 bpd, Hofmeister said.

Shell and Saudi Refining are partners in the refinery. The expansion could cost as much as $5 billion.

© Reuters 2007. All Rights Reserved.

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