Shell says Convent refinery needs power, repairs
Tue Sep 2, 2008 4:02pm EDT
NEW YORK, Sept 2 (Reuters) – Shell Oil (RDSa.L: Quote, Profile, Research, Stock Buzz) said on Tuesday it was hoping to ramp up production soon at its Gulf Coast refineries in the wake of Hurricane Gustav, but at least one of them needs power and repairs before it can restart.
Shell said it could begin restarting some processing units at its 220,000 barrel per day oil refinery in Norco, Louisiana, in the “next couple of days” and hopes to ramp up production rates at its 290,000 bpd joint venture Motiva refinery in Port Arthur, Texas ” as soon as possible”.
But it said its 235,000 bpd Motiva refinery in Convent, Louisiana, is without power and “restart of the refinery will depend on further assessments, repairs that are needed and availability of dependent resources.”
(Reporting by Richard Valdmanis)
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