Shell Oil won an $882.8 million contract to sell jet fuel to the U.S. military over the next year from its Deer Park refinery.
The fixed-price order is of "indefinite delivery and indefinite quantity," the Fort Belvoir, Va.-based Defense Energy Support Center, which makes all bulk fuel purchases for the military, said April 2 on a Defense Department Web site. The contract, awarded after 48 proposals were solicited and 23 responses received, is due to be completed April 30, 2009, the agency said.
Delek Refining Ltd., based in Tyler, and Hermes Consolidated Inc. of Denver were also awarded jet-fuel supply contracts covering the same period, valued at $101.9 million and $41.1 million, respectively.
Source: The Herald Chronicle