GF Refinery Won't Expand Capacity Right Now

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GF Refinery Won't Expand Capacity Right Now

By KFBB News Team

Story Published: Oct 6, 2008 at 7:07 PM MST

Story Updated: Oct 6, 2008 at 7:07 PM MST

Canadian owners of the Montana Refining Company in Great Falls say they won't be expanding its oil processing capacity.

In January, Calgary-based Connacher Oil & Gas announced it was considering a plan to almost quadruple the refinery's capacity. It now processes 95-hundred barrels a day and the expansion would've taken it to 35-thousand barrels per day.

It's another case of the economy and a company vice president says scarce financing and a decreased demand for gasoline puts the expansion on hold. He added, conditions needed to put the plans back on track were not likely to happen anytime soon.

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