ECONOMIC IMPACT OF
1 ECONOMIC IMPACT OF LIMETREE BAY REFINERY CLOSING USVIBER U.S. Virgin Islands Economic Impact: Closing of Limetree Bay Refinery OFFICE OF THE GOVERNOR U.S. VIRGIN ISLANDS October 13, 2021 USVI BER BUREAU OF ECONOMIC RESEARCH (USVIBER) 2 ECONOMIC IMPACT OF LIMETREE BAY REFINERY CLOSING USVIBER BACKGROUND Limetree Bay Terminals LLC, an oil storage terminal and marine facility, is located on approximately 1,500 acres along the south shore of St. Croix, U.S. Virgin Islands (USVI). The facility consists of Limetree Bay Refinery (LBR) with a processing capacity of more than 200,000 barrels per day (BPD) of crude oil, and Limetree Bay Terminal (LBT), a 34-million- barrel crude and petroleum products storage and marine terminal facility. The LBT site also includes ownership, access control and use of adjoining seaport and monobuoy for unloading and loading of refinery and terminal products. For more than 50 years, oil refinery has been a significant part of the USVI industrial economy. …
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