Explosion at small Texas refinery not expected to impact markets

30 November 2011 23:07  [Source: ICIS news]

HOUSTON (ICIS)--A fire extinguished at NuStar Energy’s 14,500 bbl/day San Antonio refinery in Texas on Wednesday is not expected to influence market prices, according to US Gulf market sources.

San Antonio Fire Department officials said the explosion appears to have originated from a fire at a solvent pipeline. The pipeline was next to a storage tank for diesel jet fuel, which fire fighters assume exploded after the pipeline caught on fire.

US Gulf market sources said the refinery was too small to have an effect on product prices or trading.

No injuries were reported.

NuStar did not immediately respond to a request for comment

By: Sheena Martin
+1 713 525 2653

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