PLANT, PIPELINE AND EQUIPMENT (Tables)

6 Months Ended

Jun. 30, 2016

PLANT, PIPELINE AND EQUIPMENT [Abstract]

Plant, Pipeline and Equipment

Plant, pipeline and equipment consisted of the following:

	June 30, 2016			December 31, 2015
	(thousands of dollars)
Platinum catalyst	$	1,612		$	1,612
Land		5,376			4,577
Plant, pipeline and equipment		145,916			128,302
Construction in progress		20,387			8,980
Total plant, pipeline and equipment		173,291			143,471
Less accumulated depreciation		(50,744	)		(46,564	)
Net plant, pipeline and equipment	$	122,547		$	96,907