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CT investor in talks to buy Delaware refinery

Valero Energy Corp., which operates gas stations in Connecticut, says it is in advanced negotiations to sell the assets of a Delaware oil refinery it is shutting down to a Greenwich investor.

The company said Friday that it hopes to announce a deal soon with PBF Investments LLC.

The negotiations involve assets of Valero’s terminal operation at the Delaware City refinery and equipment from discontinued refinery operations.

San Antonio, Texas-based Valero announced in November that it would halt operations at the refinery and lay off 550 workers. (AP)

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