30 October 2012 23:35 [Source: ICIS news]
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HOUSTON (ICIS)--Philadelphia Energy Solutions expects its refinery in Pennsylvania to resume normal operations by midday Wednesday, following the aftermath of Hurricane Sandy, the US company said on Tuesday.
Normal operations are pending resumption of waterborne crude deliveries, the company said.
Meanwhile, DuPont said it had temporarily closed its ?xml:namespace>
Phillips 66’s 238,000 bbl/day refinery in Linden, New Jersey, is without power, and there is some flooding in low-lying areas at the site, the company said. Its three storage terminals in the New Jersey/New York region are still shut down.
Hess’s 70,000 bbl/day refinery in Port Reading, New Jersey, is also without power, said the DOE, quoting trade sources.
Monroe Energy is still operating at reduced rates at its 185,000 bbl/day refinery in Trainer, Pennsylvania, the DOE said. PBF also reduced rates at its 182,200 bbl/day facility Delaware City, Delaware, and its 160,000 bbl/day Paulsboro, New Jersey, refineries.
The New York Stock Exchange (NYSE) and NASDAQ will reopen on Wednesday after Hurricane Sandy caused a two-day suspension in market trading.
Midstream company Williams has rescheduled the release of its third-quarter results for Wednesday, which was originally scheduled for Tuesday but delayed because of the storm’s disruption to financial markets.
So far, the storm has killed at least 33 people in the US, according to media reports.
The hurricane could cause about $5bn (€3.85bn) in damages and an additional $10bn in economic damages in the
($1 = €0.78)
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