PLANT, PIPELINE AND EQUIPMENT (Tables)

6 Months Ended

Jun. 30, 2015

PLANT, PIPELINE AND EQUIPMENT [Abstract]

Plant, Pipeline and Equipment

Plant, pipeline and equipment consisted of the following:

	June 30, 2015			December 31, 2014
	(thousands of dollars)
Platinum catalyst	$	1,612		$	1,612
Land		4,577			4,577
Plant, pipeline and equipment		97,576			95,351
Construction in progress		26,025			11,590
Total plant, pipeline and equipment		129,790			113,130
Less accumulated depreciation		(43,138	)		(39,319	)
Net plant, pipeline and equipment	$	86,652		$	73,811