NEW YORK, Nov 3 (Reuters) - Marathon Oil Corp said Tuesday that some new units at its 256,000 barrel per day Garyville, Louisiana, refinery were already in sequential start-up with the crude unit start-up seen in mid-November.
Other units, including a hydrocracker, will be started up after the crude unit, with the process seen completed by year end, a company executive told analysts in a conference call to discuss quarterly earnings.
But he also reiterated that the refinery will have an extended planned turnaround on existing units in early January. The Garyville refinery is undergoing a major expansion to increase its oil refining capacity.
The entire facility, the existing base and expansion, is expected to reach full refining capacity by the second quarter of 2010, Marathon said in its third-quarter earnings release earlier in the day.
(Reporting by Haitham Haddadin; Editing by John Picinich)
((New York Energy Desk; +1 646 223 6045; Reuters Messaging: haitham.haddadin.reuters.com@reuters.net)) Keywords: REFINERY OPERATIONS/MARATHON GARYVILLE (For help: Click 'Contact Us' in your desk top, click here or call 1-800-738-8377 for Reuters Products and 1-888-463-3383 for Thomson products; For client training: training.americas@thomsonreuters.com ; +1 646-223-5546) COPYRIGHT Copyright Thomson Reuters 2009. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
Other units, including a hydrocracker, will be started up after the crude unit, with the process seen completed by year end, a company executive told analysts in a conference call to discuss quarterly earnings.
But he also reiterated that the refinery will have an extended planned turnaround on existing units in early January. The Garyville refinery is undergoing a major expansion to increase its oil refining capacity.
The entire facility, the existing base and expansion, is expected to reach full refining capacity by the second quarter of 2010, Marathon said in its third-quarter earnings release earlier in the day.
(Reporting by Haitham Haddadin; Editing by John Picinich)
((New York Energy Desk; +1 646 223 6045; Reuters Messaging: haitham.haddadin.reuters.com@reuters.net)) Keywords: REFINERY OPERATIONS/MARATHON GARYVILLE (For help: Click 'Contact Us' in your desk top, click here or call 1-800-738-8377 for Reuters Products and 1-888-463-3383 for Thomson products; For client training: training.americas@thomsonreuters.com ; +1 646-223-5546) COPYRIGHT Copyright Thomson Reuters 2009. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
© 2009 AFX News
