Chevron California crude unit could be out for 6 months - analyst

13 August 2012 20:19  [Source: ICIS news]

HOUSTON (ICIS)--Chevron on Monday would not address an industry analyst claim that a crude unit at its 240,000 bbl/day Richmond refinery in California could be down for as long as six months following a fire last week.

The No 4 crude unit remains temporarily shut down, according to Chevron’s Melissa Ritchie. Other parts of the refinery continued to operate after the 6 August fire.

However, according to a report released by industry analysts IIR Energy, current estimations are that the unit could remain offline for at least four-to-six months, after extensive damage to the cooling towers, pipe racks and heater tower were discovered.

Some of the remaining processing units continue to operate while using feedstock from tank storage; however, a decision has not yet been made on whether more feedstock would be purchased to continue operating these units, or if all the units would be shut down while repairs are performed, according to the IIR report.

According to Ritchie, “We are making transportation fuels, but at a reduced capacity. We are cooperating fully with regulatory officials to investigate the incident and do not know how long this unit will be down.”

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By: Anna Matherne

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