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MOSCOW (MRC) -- 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, reported Reuters.
The refiner in August experienced two
fires at its Yeosu refinery, southwest of Seoul, shutting its 66,000-bpd vacuum
residue hydrocracker (VRHCR) and one of its petrochemical units.
"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 and US oil major Chevron Corp.
As MRC informed before,
in 2013, CB&I was awarded a contract by GS Caltex for the license, basic
engineering and catalyst supply for a new paraxylene (PX) unit to be built in
Yeosu, Korea. The unit will use the BP paraxylene technology, exclusively
licensed by CB&I, and will have a world-scale design capacity. Start-up was
expected in 2016. |
