Commonwealth Journal

Features

February 16, 2012

Refining Moment

Somerset native Kris Gibson will lead Continental Refining production team

Somerset — The plant manager of Somerset Refinery, evolving into Continental Refining Company, is one who Pulaski countians would call “one of us.”

Kristopher Gibson, son of Doyle and Deidra Gibson, is a native of Somerset. So is his wife, the former Kristen Flynn. Both Gibson and his wife are graduates of Somerset High School. They have two little Pulaski countians with another on the way.

Kristopher –– everybody calls him Kris –– knows his way around Somerset Refinery. He started working at the refinery as “summer help” in 1994 while still in high school.

  Gibson earned his way up through the ranks in the maintenance department; as process operator and then operations manager. In 2006, Gibson left Somerset to work for Marathon Oil in Catlettsburg. He returned to Somerset Refinery in 2008 as plant manager.

“It means a lot to me to be a factor in reestablishing this company,” said Gibson. He remembers the refinery when it was an economic engine in Somerset, Pulaski County and the region; when it was one of two oil refineries in Kentucky; when a job at Somerset Refinery was stable employment for a family man; when Somerset Refinery was a landmark, a place.

Gibson grieved as he watched the refinery’s decline; through several owners; through allegedly broken promises; through bankruptcy; through property auctions. The refinery was shut down for nearly two years.

On December 9, 2011, light was reached at the end of the tunnel. Continental Refining Company announced it has purchased Somerset Energy Refining, formerly Somerset Refinery. The new owner is Demetrios Haseotes, president, chief executive officer and chief operating officer of Continental Refining, a Somerset-based company.

Haseotes promises to revive the refinery. “What we are trying to do is reestablish the business plan, to establish a stable fuel plan,” said Gibson. “We’re looking at outside sources as well as reestablishing relations with regional producers of crude.” Producers in the region claim there were not paid by a former owner of the refinery and found other markets for their oil.

“We’re hoping to build trust where they (crude oil producers) will feel comfortable coming back to us,” said Gibson. Transportation costs of regionally produced crude would be greatly reduced by delivery to a Somerset market, Haseotes pointed out.

Gibson says Continential Refining Company will begin operation early this summer. It will increase productivity from the current “warm idle” status to 61 percent capacity by the end of this year and be operating at full capacity by mid 2013.

The company says all current positions will stay in place and 40 jobs will be added. An estimated 200 indirect jobs will result from the refinery’s operation.

Both Gibson and Haseotes say equipment at the former Somerset Refinery is in fairly good shape; that a previous owner made significant investments in the plant and repaired problem areas.

“We’ll start in phases, refining 2,000 barrels a day and ramp up from there,” said Gibson. “The plant’s capacity is 5,500 barrels a day.

Continental Refining Company will produce several products including 87-octane (regular) gasoline, kerosene, diesel and No. 4 and No. 6 (residual) heating oils. At full capacity, the refinery in a year can produce 23,000,000 gallons of gasoline, 6,000,000 gallons of kerosene, 21,000,000 gallons of diesel fuel and 30,000,000 gallons of heating oils, Gibson said.

Recalling that former Somerset Oil service stations, owned by the refinery, were auctioned by a previous owner, Gibson said the current owner at the onset is focusing more on the refinery. “If it makes sense in the future, we could reconsider service stations,” he noted.

Continental Refining Company will use natural gas from Somerset Gas Service to fire its process heaters. Haseotes said he is working with Somerset Mayor Eddie Girdler and city officials to become involved in Somerset’s evolving energy center for natural gas.

The new owner is in the process of selling the former office building facing Monticello Street. New offices are being created in the former Pennzoil building at 300 Refinery Road. The offices should be ready by mid-spring, Gibson said.

Meantime, excitement is in the air among the tanks and distilling equipment along Refinery Road. Gibson can feel it; he is confident Continental Refining Company will soon bask in the glow of integrity that once surrounded Somerset Refinery.

Text Only
Features
  • COYOTE FW.jpg Howling Success

    May 16, 2013 1 Photo

  • First Stop owners front.jpg Business booming for new liquor store

    Five liquor licenses were approved for Somerset and the third store to open was this past week.
    Called "First Stop,"the new package store it is located on the west side of U.S. 27 between lights 20 and 21, which is a little north of TSC Tractor Supply. The owner is Charlotte Perdisaris and the manager is Michael Scott.
    Perdisaris has been working on getting the store ready for a number of months but was delayed by the shipment and installation of a large 10 x 20 foot walk-in cooler that lines the back of the shop. Otherwise, she thought they could have opened much earlier and, perhaps, have even been the first to open.With such a large cooler, they have a large supply of beer and wine in it to choose from. As to other spirits, they have a large variety of brands, especially high end brands such as Crown Royal and R&R. In addition, they have beer singles on ice. At this time, they are the only local liquor store selling beer in kegs.
    First Stop is the last liquor store to open that is locally owned and operated. The remaining two licenses are to drug store retailers.

    May 19, 2013 1 Photo

  • Trail opening group.jpg Scenic new trails opened at Pulaski County Park

    Despite a rainy last several days, outdoor enthusiasts couldn’t help but play in the mud a little this weekend in celebration of the grand opening of biking and hiking trails at Pulaski County Park.
    “We’ve been working on this .. for about four years,” said Pulaski County Judge-executive Barty Bullock to a crowd of around 50 people gathered at the head of the new trail at the park. “ ... It’s been such a good project.
    “We think it’s going to be a huge asset to this community,” added Bullock.
    The essence of the trail has existed at Pulaski County Park for decades as an Eagle Scout Trail. The newest trails, are almost 9 miles long, with five of those miles dedicated to biking.
    The trail is built to the standards of the International Mountain Biking Association, a worldwide network that brings together serious bicycle enthusiasts.

    May 19, 2013 1 Photo

  • Bee swarms FW.jpg Honey of a Tale

    May 15, 2013 1 Photo

  • flowers FW.jpg Spring Flowers Beautify Downtown Somerset

    May 10, 2013 1 Photo

  • EAG;E -PHOTO 2.tif There are definitely eagles in Lake Cumberland area

    April 2, 2013 1 Photo

  • Bryant_George.jpg Former General basketball standout Bryant to get key to city of Burnside

    February 26, 2013 1 Photo

  • Killman posing.jpg POISE & PERSEVERANCE LEAD TO MISS TEEN TITLE

    February 26, 2013 1 Photo

  • haylee whitis (by David Rogers).jpg Dog for diabetic child could be a lifesaver

    February 26, 2013 1 Photo

  • snakes.jpg Snakes alive .... in December!

    December 4, 2012 1 Photo

News Live
Community Calendar
Loading…
Events by eviesays.com
AP Video
Texas Students Coach Teachers on Fitness New Forecasting Tool Eyed for Hurricane Season Meet MJ, the Bike Riding Tabby Cat Britain Attack Believed Linked to Radical Islam Raw: Kevin Durant Tours Moore After $1M Pledge Weiner Launches Bid to Become NYC Mayor Okla. Teens Get Video of Deadly Tornado Overhead Man Shot While Questioned in Boston Probe School Storm Protection Spotty in Tornado Zones 9-year-old Tornado Victim Loved Family, Singing Moore Native Toby Keith Tours Tornado Damage Oklahoma Survivors, Heroes Survey Damage Okla. City Mayor: Up to 13K Homes Hit by Tornado Raw: Aftermath of Deadly Attack in London Paperless Scanner, Vision of the Future Florida FBI Shooting Has Boston Bombing Links Garcetti Elected Los Angeles Mayor Over Greuel Raw: New Video of Deadly Oklahoma Tornado IRS Official Pleads 5th Amendment Lawyer: Feds Investigating Susan Powell Case
Facebook
SEC Zone
Hyperlocal Search
Premier Guide
Find a business

Walking Fingers
Maps, Menus, Store hours, Coupons, and more...
Premier Guide
Stocks