Sunoco sees Eagle Point mothballed by year end

Thu Nov 5, 2009 6:13pm EST
 
[-] Text [+]

NEW YORK, Nov 5 (Reuters) - Sunoco Inc (SUN.N) said it expects its 145,000 barrel per day Eagle Point refinery in New Jersey, where all processing units halted production this week, to be in full mothball mode by year end.

To make up for the shortfall, Sunoco plans to ramp up rates at its Marcus Hook and Philadelphia plants in Pennsylvania so overall production will be consistent with recent periods, company executives told analysts during a conference call.

The Northeast U.S. refiner's net refinery production was 669,200 bpd in the third quarter, down from 720,200 bpd in the second quarter, according to the presentation's slides. (Reporting by Haitham Haddadin; Editing by David Gregorio)

 

Companies In This Article

Featured Broker sponsored link