Governor Jack Dalrymple met with company officials from North Dakota-based MDU Resources Group and Indiana-based Calumet Specialty Products Partners to discuss their plans to build a diesel refinery in western North Dakota. MDU Resources CEO Terry Hildestad and Calumet President & CEO Jennifer Straumins updated the Governor on studies currently underway to explore the feasibility of jointly building and operating a 20,000 barrels per day refinery in the state.
The two companies recently signed a letter of intent to explore opportunities for opening the new facility that would process Bakken crude and market the diesel within the Bakken region. According to company officials, site selection, permitting, crude oil feed procurement, marketing and engineering studies are currently underway.
“The possibility of a new refinery in our state is great news for the region and for North Dakota’s expanding energy industry,” Dalrymple said. “I was excited to hear directly from company officials the plans that are currently underway to move this project forward. This type of a private-sector venture involving a North Dakota-based company is a great example of how businesses can continue to fuel the growth and diversification of our economy.”
Dalrymple told company officials that the state is committed to assisting them throughout the planning process.
Source: Office of Governor Dalrymple