11 March 2011 18:20 [Source: ICIS news]
Tesoro said it was carefully watching activities at its Pacific Rim subsidiary operations, which include the 95,000 bbl/day Kapolei refinery in Oahu, Hawaii, and the 80,000 bbl/day Kenai refinery in Alaska.
However, reports were that refining operations had not been affected, the company said.
“As needed, we will adjust our operations to ensure the safety of employees, the community and our facilities,” Tesoro spokesman George Marcy said.
A few of Tesoro’s retail service stations in low-lying areas of
Likewise, Valero said it was also monitoring the situation carefully, but production at its 147,000 bbl/day
Shell spokesman Ted Rolfvondenbaumen said its west coast manufacturing sites had activated emergency operations centres as precautionary measures and were continuing to watch the situation.
Similarly, ConocoPhillips officials said they were monitoring the tsunami and making preparations where appropriate, spokesman Rich Johnson said.
ConocoPhillips operates a 139,000 bbl/day refinery in
On the US Gulf and New York Harbor (NYH) markets, spot prices for gasoline were seen weaker for all grades, sources said.
On the east coast, market sources said that differentials had slipped by 0.5 cent/gal.
These came alongside lower crude prices, which plummeted on worries that the earthquake and tsunami could weaken Japanese oil demand.
The 8.9 magnitude quake struck Japan’s northeast coast at 14:46 local time (5:46 GMT) on Friday, some 373 km (232 miles) northeast of Toyko, and 130km east of Sendai, Honshu – the largest island in the country, according to the US Geological Survey (USGS).
More than 200 people were killed and hundreds more remain missing. The tsunami included waves up to 10 metres (32.8 feet) high, which swept inland destroying buildings and infrastructure and paralysing Japan's refining and petrochemical operations.
As waves roll across the Pacific, tsunami warnings were put in place throughout the region, including the coastlines of North America and
However, as of 11:00 hours
Waves of 2-5 feet were projected for the northern
Widespread damage was not expected, but authorities were advising residents to avoid beaches and low-lying areas.
One liquefied petroleum gas (LPG) tanker was prevented from entering the
However, Chilean industry sources did not expect major disruptions from the tsunami.
The company said it had put its tsunami plan in place, but did not anticipate a substantial impact from the projected 1-to-2 metre waves.
“Our LNG [liquefied natural gas] terminal is open and operating normally,” said Kathlenn Teora, a spokeswoman for Sempra.
Waves from the tsunami are expected to hit all of the affected
Additional reporting by Sheena Martin, Ryan Hickman, Lane Kelley and George Martin
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