Conoco says no big storm damage at Alliance plant

Thu Sep 4, 2008 1:08pm EDT
 
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NEW YORK, Sept 4 (Reuters) - ConocoPhillips (COP.N) said on Thursday that its 195,000 barrels per day Alliance oil refinery in Louisiana has not been significantly damaged as a result of Hurricane Gustav but remains shut.

"Power remains out at the Alliance refinery in Belle Chasse, La., and the refinery remains shut down," the company said in an update posted on its website.

"Preliminary assessments indicate that there is no significant damage at the Alliance refinery," it added.

Conoco's 280,000-bpd Lake Charles, Louisiana refinery, which was being restarted since Wednesday, will operate at reduced rates during the restart period, estimated to last between 10 and 14 days, the company said. (Reporting by Haitham Haddadin; Editing by Marguerita Choy)

 
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