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FACTBOX: Ike shuts 22 pct of U.S. refining capacity

Fri Sep 12, 2008 6:51pm EDT

(Reuters) - Powerful Hurricane Ike bore down on the heart of the U.S. energy sector in Texas on Friday, leaving most U.S. Gulf of Mexico production idled and threatening a fifth of U.S. refining capacity with howling winds and a possible 20-foot wall of water.

U.S.

Forecasters said the storm, packing winds of more than 100 mph, would likely hit near Houston early Saturday, after oil companies shut down about 25 percent of the nation's crude oil production and nearly 22 percent of its refined fuel production as a precaution.

The following outlines the impact of Ike on the energy sector:

***************************HIGHLIGHTS*************************

CUMULATIVE IMPACT OF GUSTAV AND IKE

*16.6 million barrels of crude oil

*81.8 billion cubic feet of natural gas

*20.9 million barrels of refining (counting only plants completely shut)

CURRENTLY SHUT/SLOWED

*97.5 pct Gulf of Mexico oil output

*94.4 pct Gulf of Mexico gas output

*14 refineries shut, 21.6 pct of US capacity

*3 refineries representing 5.1 pct of US capacity at reduced rates

*Most Gulf Coast pipelines, ports and waterways shut

OTHER HIGHLIGHTS

*Louisiana oil port shut, but sends some oil from storage

*Ike shuts several crude, products pipelines

*Ike threat raises La power outages, adds some in Texas

*South Texas nuke in Ike's path to keep running

*Texas seeks EPA clean gasoline waiver to boost supply

*Henry Hub extends force majeure due Ike

*Hurricane Gustav did little damage offshore-MMS

*Ports closed from Corpus Christi to Lake Charles

*Power outages spread in Texas, W. La.

******************CRUDE OIL, NATURAL GAS********************

HEADLINES:

*97.5 percent of U.S. Gulf's 1.3 million barrels per day crude output shut

Wednesday, from 77.5 Tuesday, MMS says.

*94.4 pct of the Gulf's 7.4 billion cubic feet per day natural gas output

shut Wednesday, from 64.8 pct Tuesday

*****************************REFINING****************************

REFINERIES SHUT: (Texas, Ike-caused unless otherwise noted):

*Lyondell 270,600 bpd Houston refinery

*Exxon Mobil Baytown 567,000

*Shell-Pemex Deer Park 340,000

*Marathon Texas City 76,000

*ConocoPhillips 195,000 Alliance, Louisiana, due Gustav

*BP 467,700 Texas City

*ConocoPhillips 247,000 Sweeny

*Flint Hills 300,000 bpd Corpus Christi

*Valero 83,000 bpd Houston

*Valero 200,000 bpd Texas City

*Valero 325,000 bpd Port Arthur

*Motiva 285,000 bpd Port Arthur

*Exxon Mobil 349,000 bpd Beaumont

*Pasadena Refining 100,000 bpd

REFINERIES AT REDUCED RATES:

*Valero 195,000 bpd Memphis, Tennessee

*Citgo 430,000 bpd Lake Charles, Louisiana

*ConocoPhillips 280,000 bpd Lake Charles

BACKGROUND:

*At peak of Gustav's impact, more than a third of U.S. refining capacity

was either slowed or shut down.

********************ELECTRIC POWER IMPACT*************************

*Entergy shuts Sabine power plant due Ike

*Ike raises outages in Texas, W. La.

*South Texas nuke to keep running in Ike

*Conoco says preparing restart at Alliance refinery

*Entergy La. Waterford 3 reactor back at full power

*Entergy River Bend nuke still down for Gustav repairs

*********************PORTS, WATERWAYS****************************

HEADLINES:

*LOOP shut but sends limited oil from onshore storage

*USCG shuts Houston, Beaumont-PA, Lake Charles; pilots shut Corpus

*********************PIPELINES, GAS PLANTS************************

PIPELINES, FACILITIES SHUT:

*Shell Houston-to-Houma crude line

*Colonial distillates mainline Houston to New York Harbor

*Centennial Pipeline 210,000 bpd products pipeline from Beaumont, Texas,

to Creal Springs, Illinois

*Portions of ConocoPhillips pipeline system in Texas

*Dixie Pipeline 120,000 bpd propane pipeline from Mont Belvieu,

Texas to Iowa, Louisiana

*Enterprise Cameron Highway and Poseidon offshore crude

pipeline systems in Gulf of Mexico

*Explorer Pipeline 573,000 bpd pipeline from Gulf Coast to

Midwest

*Longhorn Pipeline products pipeline from Gulf Coast refineries

to West Texas and El Paso markets

*Portions of Marathon Pipeline system onshore Gulf Coast and

offshore Gulf of Mexico

*Portions of TEPPCO product line

*SPR Bryan Mound and Big Hill, Texas, West Hackberry, Louisiana, shut

*Seaway crude pipeline shut Wed, 6 p.m. CDT (2:00 p.m. EDT)

*Enbridge: Four pipelines in force majeure

*Part of BP Destin gas line to remain shut due Ike

HEADLINES:

*Shell: Capline at reduced rates

*Colonial Pipeline shuts Houston-to-New York distillate mainline and

gasoline mainline but some stub lines operating

*Henry Hub extends force majeure due Ike

*NYMEX keeps force maj. in place for August, September contracts

*Plantation pipeline at reduced rates

(Reporting by Bruce Nichols, Erwin Seba; Editing by Richard Valdmanis)



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