US east-coast refiners resume operations after Hurricane Sandy

31 October 2012 18:39  [Source: ICIS news]

East coast refineryHOUSTON (ICIS)--Monroe Energy is operating at normal capacity at its refinery in Trainer, Pennsylvania, as the US energy sector resumes operations after Hurricane Sandy, a government agency said on Wednesday.

Monroe reduced rates at its 185,000 bb/day facility on Monday as a precaution before the storm, the US Department of Energy (DOE) said.

In addition, Philadelphia Energy Solutions expects to be back at normal operations, pending waterborne crude deliveries, said the company, a joint venture between The Carlyle Group and Sunoco.

As of 900 New York time (1300 GMT), over 6.2m customers were still without power in the northeast, the DOE said.

Phillips 66’s 238,000 bbl/day refinery in Linden, New Jersey, is still shut down, although power has been restored, the company said.

Hess’s 70,000 bbl/day in Port Reading, New Jersey, also remains closed, the DOE said.

PBF is still operating at reduced rates at its 182,000 bbl/day refinery in Delaware City, Delaware, and 160,000 bbl/day facility in Paulsboro, New Jersey, the DOE said.

In the petrochemical industry, Southern Chemical's melamine inventories in Edison, New Jersey, were undamaged, said a source family with the company. The warehouses have power and are operating normally, but an immediate concern is available trucking services, the source said.

The US Coast Guard reported that most ports have reopened, although those in the Sector New York and one in Sector Southeastern New England are restricted to commercial vessels with approval from the captain. The Rhode Island port remains closed.

So far, the storm has killed at least 50 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 US northeast, according to EQECAT, a risk assessment firm.

Additional reporting by Bobbie Clark, Anna Matherne and Frank Zaworski

($1 = €0.77)

By: Tracy Dang
+1 713 525 2653

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