Marathon proposes Louisiana refinery expansion

GARYVILLE, La. (AP) — Marathon Petroleum Corp. said it is taking the next step toward a potential $2.2 billion to $2.5 billion upgrade to the company’s Garyville refinery.

The company expects to make a final decision on the project by early 2015.

The company plans to file permit applications for the potential project with Louisiana’s Department of Environmental Quality at the end of April, having completed feasibility studies on the project.

The Advocate reports the St. John the Baptist Parish project would create 65 new jobs, with an average annual salary of $115,000 per year, plus benefits.

Marathon Petroleum operates a 522,000-barrel-per-day refinery at the site. The refinery employs 800 Marathon Petroleum employees and 650 contract workers.

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