GALLUP, N.M. (WR) — An oil refinery that halted operations when the COVID-19 pandemic first hit New Mexico plans to completely shut by the top of this 12 months.
Albuquerque TV station KRQE stories Marathon Petroleum, which owns the oil refinery and employs about 220 folks, instructed staff of the pending closure final Friday.
A spokesperson with Marathon Petroleum stated in assertion that “the Gallup refinery and terminal will probably be idled indefinitely with no plans to restart regular operations” and a phased discount of staffing ranges is anticipated to start in October.
Gallup Mayor Louie Bonaguidi stated it’s a devastating blow for the town of some 22,000 folks because the refinery has been round for 65 years.
“It’s going to affect us,” Bonaguidi stated. “It’s going to have an effect on the housing marketplace for positive. Nevertheless it’s going to have an effect on all the companies too.”
New Mexico Oil and Fuel Affiliation officers stated they couldn’t touch upon how the closure will affect the state’s fuel and oil trade.
However with the closure, the state will probably be down to 1 oil refinery, that being in Artesia.