Come By Chance Refinery

Come By Chance Refinery

Location of Come By Chance Refinery in Newfoundland and Labrador
Country	Canada
Province	Newfoundland and Labrador
City	Come By Chance
Coordinates
Refinery details
Operator	North Atlantic Refining
Owner(s)	North Atlantic Refining
Commissioned	1973
Capacity	115,000 bbl/d (18,300 m3/d)
Number of employees	550
Refining units	alkylation, isomerisation, distillation of crude oil, hydrocracking, reforming catalytic, cracking catalytic, desulphuration
Number of oil tanks	49

Come By Chance Refinery (also known as North Atlantic Refinery) is a crude oil refinery located in Come By Chance in Newfoundland and Labrador, Canada. It has a refinery capacity of 115,000 barrels per day (18,300 m³/d). It is operated by North Atlantic Refining and was owned by Korea National Oil Corporation until 2014, when Silver Range Financial Resources LLC, a New-York Based commodity hedge-fund, bought the refinery.

History

The refinery was built by John Shaheen's Shaheen Resources in 1971–1973. It was operated in 1973–1976 until the bankruptcy of Shaheen Resources. The refinery was restarted in 1986 by Newfoundland Processing Ltd. In August 1994, the Vitol Group purchased the refinery and the operating company North Atlantic Refining was founded. In October 2006, Calgary-based Harvest Energy Trust purchased North Atlantic Refining for $1.6 billion, and in October 2009, the company was purchased by Korea National Oil Corporation.

External links

• Refinery (North Atlantic Refining website)
• Vitol and Harvest Energy Announce Improved Terms For crude oil supply and refined product offtake agreement (Vitol website)
• Come By Chance refinery up for sale, CBC.ca, December 16, 2005
• Harvest Energy Pays C$1.6B for Vitol's North Atlantic Refining