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PLANT, PIPELINE AND EQUIPMENT (Tables)
3 Months Ended
Mar. 31, 2018
PLANT, PIPELINE AND EQUIPMENT [Abstract]  
Plant, Pipeline and Equipment
Plant, pipeline and equipment consisted of the following:

  
March 31, 2018
  
December 31, 2017
 
  
(thousands of dollars)
 
Platinum catalyst metal
 
$
1,612
  
$
1,612
 
Land
  
5,428
   
5,428
 
Plant, pipeline and equipment
  
188,529
   
186,946
 
Construction in progress
  
60,441
   
50,996
 
Total plant, pipeline and equipment
  
256,010
   
244,982
 
  Less accumulated depreciation
  
(65,871
)
  
(63,240
)
Net plant, pipeline and equipment
 
$
190,139
  
$
181,742