PLANT, PIPELINE AND EQUIPMENT (Tables)

3 Months Ended

Mar. 31, 2017

PLANT, PIPELINE AND EQUIPMENT [Abstract]

Plant, Pipeline and Equipment

Plant, pipeline and equipment consisted of the following:

	March 31, 2017			December 31, 2016
	(thousands of dollars)
Platinum catalyst metal	$	1,612		$	1,612
Land		5,376			5,376
Plant, pipeline and equipment		156,142			154,107
Construction in progress		45,093			33,391
Total plant, pipeline and equipment		208,223			194,486
Less accumulated depreciation		(56,617	)		(54,477	)
Net plant, pipeline and equipment	$	151,606		$	140,009