Home / FINANCE / Markets Insider / Hurricane Nate threatens U.S. Gulf Coast appetite sites spared by Harvey (VLO, CVX)

Hurricane Nate threatens U.S. Gulf Coast appetite sites spared by Harvey (VLO, CVX)

By Gary McWilliams

HOUSTON, Oct 7 (Reuters) – Hurricane Nate was streamer on
Saturday toward refineries, offshore oil platforms and other
energy comforts in a executive U.S. Gulf Coast that largely
were spared by Hurricane Harvey’s rage scarcely 6 weeks ago.

The fast-moving charge has already curtailed prolongation at
more than 71 percent of U.S. Gulf of Mexico offshore platforms,
nearly 3 times a series influenced by Harvey, that packed
more of a punch when it strike a Texas coast.

Nate could turn a Category 2 storm, a second weakest on
a five-category scale used by meteorologists, with winds of up
to 110 miles per hour (177 km per hour) before landfall after on
Saturday, a National Hurricane Center said.

Its lane takes it closer to offshore prolongation unlike
Harvey, whose impact was biggest on enlightening centers.

Colby Goatley, a meteorologist during Weather Decision
Technologies Inc, pronounced his organisation is assisting about 10 drilling rig
operators draft a march divided from Nate, that is producing up
to 30-foot (9.1-meter) waves nearby a center, he said.

“Rigs on a eastern side (of Nate) are racing westward to
get on that some-more auspicious side,” he said. A few supply operators
are streamer serve easterly to equivocate winds that are strongest to
the easterly of a storm’s eye.

Weather Decision is awaiting pleasant storm-force winds to
last about 12 hours, Goatley said, a comparatively brief period
that will assistance offshore producers lapse to full operations
quickly and rigs lapse to their drilling sites.

Nate is concentration on refineries that remained in operation
during Harvey, with Phillips 66’s Alliance plant, Valero
Energy Corp’s Meraux facility, and PBF Energy’s
Chalmette refinery closest to a stream track. Chevron Corp’s
Pascagoula, Miss., plant also is within a impact zone.

Phillips 66 reliable that it tighten its
247,000-barrel-per-day Alliance refinery on Saturday. Alliance,
which is 25 miles (40 km) south of New Orleans, is tighten to the
path Nate is foresee to take over southeastern Louisiana.

Valero and PBF Energy were formulation to keep using during
Nate’s passage, according to sources informed with those
operations. Those dual plants and Alliance criticism for about 3
percent of U.S. enlightening capacity.

Chevron pronounced it has done rough preparations for the
storm, including securing lax apparatus and positioning
standby generators. A orator declined to criticism serve on
the operation. The Pascagoula plant accounts for about 2 percent
of U.S. enlightening capacity.

Harvey, that brought heated rains that flooded a Texas
Gulf Coast, tighten scarcely a entertain of U.S. oil enlightening capacity.
(Reporting by Erwin Seba and Gary McWilliams; Editing by Paul
Simao)

Leave a Reply

Your email address will not be published. Required fields are marked *

*

x

Check Also

Bombardier exploring options for aerospace businesses

Oct 15 (Reuters) – Canadian aerospace manufacturer Bombardier Inc is exploring options for a aerospace ...