Taiwan's FPCC to restart Mailiao port operations on July 26 (updated)

Formosa Petrochemical

24/07/2024 10:08

(Updates with further details in last three paragraphs)
       SINGAPORE, July 24 (Reuters) - Taiwan oil major Formosa
Petrochemical Corp aims to restart operations at its port at the
Mailiao refinery on July 26, after shutting down ahead of
Typhoon Gaemi's arrival, a company spokesperson said on
Wednesday.
    The port was shut on July 23 and is scheduled to be reopened
at 0600 local time (2200 GMT) on July 26, company spokesperson
K.Y. Lin said.
    "Up to now, there is no impact on refinery operations," Lin
said, without elaborating on whether there would be subsequent
shipping delays. 
    Gaemi, expected to be the strongest storm to hit Taiwan in
eight years, is set to make landfall on the northeast coast late
on Wednesday evening, weather authorities said.
    The loading and discharge of crude and products cargoes will
likely be subject to between three and five days of delays, two
sources familiar with the matter said. 
    FPCC is a major exporter of refined products in Asia and
operates three crude units with a total processing capacity of
540,000 barrels at Mailiao, which is in Yunlin county in western
Taiwan.

 (Reporting by Trixie Yap; editing by Jason Neely and Barbara
Lewis)
 ((trixie.yap@thomsonreuters.com;))