BP West Coast Products LLC
Company Summary
Description
BP's Cherry Point refinery has quietly provided a significant portion of U.S. energy needs for more than 40 years. Now it's being positioned to meet the challenges of a diverse and rapidly changing energy market. Since it started operations in 1971, Cherry Point has processed a large share of Alaska's North Slope crude oil. A refining workhorse, Cherry Point became one of BP's premier U.S. assets following the merger with ARCO in 2000. Situated on 3,300 acres and employing about 900 employees, the facility processes more than 9 million gallons of crude oil a day, primarily transportation fuels. It provides about 20 percent of the gasoline market in Washington and Oregon, the majority of jet fuel for Seattle, Portland and Vancouver, BC international airports, and is the largest West Coast supplier of jet fuel to the U.S. military.Website
http://www.bp.com/en_us/bp-us/what-we-do/refining/...Related Entities
Recent news
Company Transactions
Date: 12/30/2017
Type: Acquisition
SELLERS:
BP West Coast Products LLC
DETAILS:
NOTES:
The JV will be anchored initially by the acquisition of two large-scale refined product terminals in Seattle, Washington and Portland, Oregon. The transaction is expected to close in late 2017, subject to customary approvals. TLP Management Services LLC, an ArcLight affiliate, will operate the terminals under a multi-year operating agreement.
The JV will be anchored initially by the acquisition of two large-scale refined product terminals in Seattle, Washington and Portland, Oregon. The transaction is expected to close in late 2017, subject to customary approvals. TLP Management Services LLC, an ArcLight affiliate, will operate the terminals under a multi-year operating agreement.
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