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PLANT, PIPELINE AND EQUIPMENT (Tables)
9 Months Ended
Sep. 30, 2014
PLANT, PIPELINE AND EQUIPMENT [Abstract]  
Plant, Pipeline and Equipment
Plant, pipeline and equipment consisted of the following:

  
September 30, 2014
  
December 31, 2013
 
  
(thousands of dollars)
 
Platinum catalyst
 
$
1,612
  
$
1,612
 
Land
  
1,577
   
1,577
 
Plant, pipeline and equipment
  
74,021
   
71,115
 
Construction in progress
  
6,467
   
824
 
Total plant, pipeline and equipment
  
83,677
   
75,128
 
Less accumulated depreciation and amortization
  
(37,426
)
  
(33,203
)
Net plant, pipeline and equipment
 
$
46,251
  
$
41,925