Shell agrees long-term offtake agreement with NEXT

February 5, 2019 |

In Texas, NEXT Renewable Fuels, Inc and Shell Trading (US) Company have entered a long-term Purchase and Sale Agreement for the purchase of renewable diesel from NEXT’s planned Port Westward, Oregon facility.

Representing an investment of more than $1 billion, NEXT continues to develop its Oregon renewable diesel facility with an expected annual processing capacity of 13.3 million barrels (600 million gallons). Scheduled to open in 2021, NEXT will supply Shell and other partners with its alternative liquid fuels, satisfying end-user demand while also meeting both federal and state environmental compliance and fuel security requirements.

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Category: Producer News

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