Par Pacific Reduces Production and Defers Turnaround at Hawaii Refinery

Par Pacific Holdings, Inc. ("Par Pacific") has announced that in response to reduced refined product demand in Hawaii resulting from COVID-19, it has decreased throughput rates for its Hawaii refinery.  The proposed reduction permits Par Pacific to maintain an ample supply of refined product to satisfy Hawaii's refined product needs.  In addition, Par Pacific intends to defer the turnaround of its Hawaii refinery until the third quarter of 2020.

About Par Pacific

Par Pacific Holdings, Inc. headquartered in Houston, Texas, owns and operates market-leading energy and infrastructure businesses. Par Pacific's strategy is to acquire and develop energy and infrastructure businesses in logistically complex markets. Par Pacific owns and operates one of the largest energy networks in Hawaii with 148,000-bpd of combined refining capacity, a logistics system supplying the major islands of the state and 91 retail locations. In the Pacific Northwest and the Rockies, Par Pacific owns and operates 60,000-bpd of combined refining capacity, related multimodal logistics systems and 33 retail locations. Par Pacific also owns 46% of Laramie Energy, LLC, a natural gas production company with operations and assets concentrated in Western Colorado.