November 26, 2010 at 10:11 pm #2450
Shell Said to Delay FCC, Hydrocracker at Pernis Refinery, Europe’s Largest
By Nidaa Bakhsh –
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Nov 26, 2010 9:51 AM CT
Royal Dutch Shell Plc delayed the start of processing units at Pernis, Europes largest oil refinery, according to two people with knowledge of the matter.
A fluid catalytic cracker that was shut for unplanned work at the refinery in Rotterdam, and a hydrocracker, which had been halted for planned repairs, are expected to resume operations next month, the people said, declining to be named because the information is confidential. They werent able to give a specific restart date. Wim van de Wiel, a Shell spokesman based at company headquarters in The Hague, declined to comment.
The catalytic cracker, used to make gasoline, was taken offline for repairs in September, and had been expected to resume operation in early November, people with knowledge of the work said on Oct. 15. Similarly, work on the hydrocracker, involved in diesel production, began in mid-September and was originally expected to take six weeks.
We are experiencing some downtime in the cat crackers at Pernis in the Netherlands and Port Arthur in the U.S., Shell Chief Financial Officer Simon Henry said in an Oct. 28 earnings conference call, without elaborating.
The 416,000 barrel-a-day Pernis refinery has a catalytic cracking capacity of 50,000 barrels a day and a hydrocracking capacity of 89,000 barrels daily, according to data compiled by Bloomberg.
Shell has been a consistent buyer of gasoline on the barge market in Amsterdam-Rotterdam-Antwerp, Europes oil-trading hub, since at least the end of August, according to a survey of traders and brokers monitoring the Argus bulletin board.
The price of gasoline traded on barges in the ARA region rose 3.9 percent in the two days ended yesterday to $771 a metric ton, Bloomberg data shows. Diesel barges rose 4.2 percent over the same period.
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