MOSCOW (MRC) -- Strengthening hurricane Delta forced the closure of 29.2% of offshore crude oil production in the U.S.-regulated northern Gulf of Mexico by midday Tuesday, regulator U.S. Bureau of Safety and Environmental Enforcement (BSEE) said, as per Reuters.
The storm, already a dangerous category 4, also turned off 8.6% of natural gas output from the Gulf of Mexico, BSEE said.
As MRC informed earlier, hurricane Sally crawled offshore along the US Gulf Coast on Wednesday, moving away from oil fields while soaking the region with heavy rains that could dampen fuel demand in the US southeast. The hurricane has shut more than a quarter of US offshore Gulf of Mexico oil and gas production and stirred heavy seas that closed ports from Louisiana to Florida. It moved at a snail's pace toward a Wednesday landfall on the coast between Mississippi and Florida.
As MRC wrote earlier, US Gulf of Mexico producers have shut in roughly 27% of offshore oil and natural gas output ahead of the landfall of Hurricane Sally, which was slowly heading towards the Alabama coast Sept. 15, according to the US Bureau of Safety and Environmental Enforcement. Producers have shut in 497,072 b/d of crude and 760 MMcf/d of gas output, 26.87% and 28.03% of total offshore US Gulf output, respectively. A total of 152 platforms and rigs were evacuated, according to BSEE.
Ethylene and propylene are feedstocks for producing PE and polypropylene (PP).
According to MRC's ScanPlast report, Russia's overall PE production totalled 1,712,400 tonnes in the first seven months of 2020, up by 58% year on year. Linear low density polyethylene (LLDPE) accounted for the greatest increase in the output. At the same time, overall PP production in Russia increased in January-July 2020 by 24% year on year to 1,063,700 tonne. ZapSibNeftekhim accounted for the main increase in the output.
MRC