Quarterly report pursuant to Section 13 or 15(d)

PLANT, PIPELINE AND EQUIPMENT (Tables)

v3.4.0.3
PLANT, PIPELINE AND EQUIPMENT (Tables)
3 Months Ended
Mar. 31, 2016
PLANT, PIPELINE AND EQUIPMENT [Abstract]  
Plant, Pipeline and Equipment
Plant, pipeline and equipment consisted of the following:

   
March 31, 2016
   
December 31, 2015
 
   
(thousands of dollars)
 
Platinum catalyst
  $ 1,612     $ 1,612  
Land
    4,577       4,577  
Plant, pipeline and equipment
    130,081       128,302  
Construction in progress
    14,804       8,980  
Total plant, pipeline and equipment
    151,074       143,471  
  Less accumulated depreciation
    (48,687 )     (46,564 )
Net plant, pipeline and equipment
  $ 102,387     $ 96,907