UPDATE 1-Tesoro may run refineries 77 pct of capacity in Q4

HOUSTON Mon Nov 9, 2009 3:25pm EST

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HOUSTON Nov 9 (Reuters) - Independent western U.S. refiner Tesoro Corp (TSO.N) said on Monday its seven refineries may run as low as 77 percent of their combined rated capacity of 665,000 barrels per day in the fourth quarter due to maintenance and low demand for motor fuel.

The refineries are expected to run as low as 510,000 bpd in the fourth quarter, the company said. The refineries could also run as high as 550,000 bpd, it said.

At its two California refineries, Tesoro expects to run between 230,000 bpd and 240,000 bpd, down from 266,000 bpd in total capacity for the plants in Los Angeles and Martinez, California.

The California total includes an unplanned shutdown of a coking unit at the Los Angeles refinery, company executives said in a conference call.

The company's Pacific Northwest refineries are expected to run between 125,000 bpd and 135,000 bpd in the fourth quarter. The refineries in Anacortes, Washington, and Kenai, Alaska, have a combined rated capacity of 192,000 bpd.

Tesoro's Kapolei, Hawaii, refinery is planned to run between 60,000 and 70,000 bpd, down from a capacity of 94,000 bpd.

The company's Mid-Continent refineries are planned to run between 95,000 bpd and 105,000 bpd. The refineries in Mandan, North Dakota, and Salt Lake City, Utah, have a combined throughput of 116,000 bpd. (Reporting by Erwin Seba; Editing by Marguerita Choy)

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