Refinery proposed for Valdez site, 21 November 1978
Refinery Proposed Fer Valdez Site ANCHORAGE ( A P -Alaska Petrochemical Co. announced announced Mondav it will build its proposed multi-billion dollar petroleum refinery and petrochemical petrochemical facility in Valdez. Alpetco had earlier said was interested in Valdez and Kenai for the site, but Valdez the terminal of the trans- Alaska oil pipeline. The company company estimated it will save million a year in shipping charges by locating at Valdez. The company said it will process 150,000 barrels a day state royalty oil. Valdez^ Mayor Lynru Chrystal said the" city plans to adopt ;ordinance requiring .'tankers burn low sulfur fuel while emptying storage tanks in Valdez. The measure should; help the city keep up air quality standards. standards. Commissioner of Natural Resources Resources Robert LeResche must approve the site under the state's contract to sell royalty oil to Alpetco. He said he will probably approve it. Gov. Jay Hammond said completion of the Alpetco project in about 1985 will bring major new industry to He said he believes the facility will meet environment! standards.