S.Korea's GS Caltex says unsure when will restart fire-hit hydrocracker, aromatics unit

GS Holdings

11/09/2017 06:55

SEOUL, Sept 11 (Reuters) - GS Caltex, South Korea's 
second-largest oil refiner, said on Monday that it was unsure 
when it would be able to restart a hydrocracker and aromatics 
unit after they were hit by fire last month. 
    The refiner in August experienced two fires at its Yeosu 
refinery, southwest of Seoul, shutting its 66,000 
barrels-per-day (bpd) vacuum reside hydrocracker (VRHCR) and one 
of its petrochemical units.  urn:newsml:reuters.com:*:nL4N1KW26S  urn:newsml:reuters.com:*:nL4N1KO2PC 
    "We are not sure of the timing, but we will resume 
operations when it's deemed safe," a company spokesman said. 
    The 790,000-bpd facility will be able to keep churning out 
enough oil for domestic demand, but its exports may be crimped 
slightly, the spokesman added. 
    GS Caltex is equally owned by GS Energy Corp, a unit of GS 
Holdings  078930.KS  and U.S. oil major Chevron Corp  CVX.N .  
 
 (Reporting by Jane Chung; Editing by Joseph Radford) 
 ((jane.chung@thomsonreuters.com; +82 2 3704 5667; Reuters 
Messaging: jane.chung.thomsonreuters.com@reuters.net)) 
 
Keywords: SOUTHKOREA GSCALTEX/OUTAGES