CITGO Petroleum Corporation has announced a $310 million investment for the Depentanizer Project at its Lake Charles Refinery in Louisiana. The project will add new facilities and equipment to enhance naphtha upgrading capabilities, converting lower-value streams into higher-value gasoline components.
Key Project Highlights:
Investment: $310 million capital investment aimed at long-term refinery competitiveness and domestic fuel supply resilience.
Timeline: Project construction and engineering activities are underway, with operations expected to begin in 2029.
Economic & Contracting Impact: Creates additional contract work, expands opportunities for local suppliers, and supports ongoing workforce development in Southwest Louisiana.
Read the full official press release at CITGO Newsroom.
