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Hovensa: St. Croix Refinery Work Won’t Impact Supply10/04/2011
NEW YORK Dow Jones- Planned maintenance activity in October at Hovensa’s oil refinery on the U.S. Virgin Island of St. Croix is not expected to affect the company’s ability to meet customer commitments, company spokesman David Roznowski said.
The work, scheduled to take place at a crude unit, a reformer unit and a coker unit at the 350,000-barrel-a-day refinery, is expected to last for two to four weeks.“We are not shutting anything completely down to conduct the work…that is why there is no impact to customers,” Roznowski added.
The Wyatt workers are back at the refinery carrying out the projects after new contracts were ratified Thursday between Wyatt V I and the United Steelworkers union. The Wyatt workers were locked out from the Hovensa refinery on Sept. 16.
“The contract dispute was not between Hovensa and Wyatt workers…it was between Wyatt and USW union,” Roznowski said.
Hess Corp. (HES) co-owns the Hovensa refinery with Petroleos de Venezuela SA.
-By Rose Marton-Vitale, Dow Jones Newswires; 201-264-4185; rose.marton@ dowjones.com
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Hovensa is 503/495 MBD crude unit not 350 MBD sited here probably using operating rates instead capacity rates ? The coker is 4 drum 58MBD COP Technology unit.
Even though Virgin Islands/St Croix is US owned petcoke ends up going to Europe because of higher freight due Jones Act .. unlike neighbor Netherlands owned Aruba coker that ships primarly to US.
Regards
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