Home|Financing a new, full-conversion refinery during pandemic and oil price wars

Financing a new, full-conversion refinery during pandemic and oil price wars

Home|Financing a new, full-conversion refinery during pandemic and oil price wars

Financing a new, full-conversion refinery during pandemic and oil price wars

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Speaker: Charles Schwenck, EVP and Chief Commercial Officer, Meridian Energy Group

Content will include:

  • MERIDIAN’S DAVIS REFINERY:  Starting With a Clean Sheet of Paper – we are the first new full-conversion refinery in the U.S. in over 40 years, and that has allowed us to focus our efforts and avoid many of the pitfalls and compromises facing older refineries.
  • PERMITTING IN AN ESG WORLD:  It Takes a Village –  Meridian’s application of Equator Principles to work with regulators and community constituencies enabled us to obtain a fully-vetted air permit as a Synthetic Minor Source.
  • FROM PROCESS SELECTION AND DESIGN TO CONSTRUCTION:  Teamwork and an Open Book philosophy drives our basic design philosophy and our unique approach to the FEED-to-EPC process.
  • PROJECT FINANCING:  Risk Identification and Mitigation, Capital Efficiency and Long-Term Partnerships –  how Meridian is applying Project Finance principles of risk identification, allocation and mitigation to maximize capital efficiency and secure financing for construction and operation of the Davis Refinery and future projects.

 

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