Oiltanking-Dupré Awarded Contract for HOVENSA Project in St. Croix

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(Houston, TX) – Houston, August 13, 2010 – Newly formed joint venture Oiltanking-Dupre’ LLC has been awarded a long term contract for the operations and maintenance of the HOVENSA L.L.C.’s (HOVENSA) petroleum coke handling system and marine loading dock on the Caribbean island of St. Croix in the United States Virgin Islands.

HOVENSA, a joint venture between the subsidiaries of Hess Corporation and Petroleos de Venezuela, S.A. (PDVSA), operates a world-class refinery on St. Croix. Beginning on August 1, 2010 when the contract took effect, Oiltanking Dupré will be responsible for the coordination of the transport of petroleum coke from the coke pit to the marine dock. HOVENSA produces approximately 1.2 million tons of petroleum coke annually.

The HOVENSA refinery is one of the ten largest in the world and one of the most modern in the United States with a crude oil processing capacity of 500,000 barrels per day. HOVENSA operates its facilities on 2,000 acres of land on the south shore of St. Croix and employs approximately 2,500 direct and contract employees.

Oiltaking-Dupré is a joint venture based out of Houston, Texas, dedicated to serving customers in need of material handling for petroleum coke and other refinery service operations. Combining the assets of Oiltanking’s worldwide network with Dupré Logistics’ experience in dry bulk handling, Oiltanking-Dupré has the capacity to meet dry bulk needs nationwide.

For media enquiries, please contact:

Mr. Rick Adams
Vice President
Oiltanking-Dupré
+1-409-692-1107
[email protected]
Ms. Andree Gonsoulin
Public Relations Director
BBR Creative
+1-337-233-1515
[email protected]