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Valero ready to ship refined oil products to Japan
March 15, 2011 / 5:09 PM / 7 years ago

Valero ready to ship refined oil products to Japan

NEW YORK, March 15 (Reuters) - Valero Energy Corp (VLO.N) said Tuesday it was ready to supply refined products, such as gasoline and diesel, from its U.S. West Coast refineries to Japan in the wake of last week’s earthquake and resulting tsunami.

“Valero is standing by to respond to requests for assistance from Japanese authorities,” said a company spokesman.

He said that traders anticipate increased demand for refined products from the West Coast, but Valero hasn’t seen any big cargoes move toward Japan yet.

Reporting by Jeffrey Kerr

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