USA’s Phillips 66 Plans Starting Restoration of its shut Alliance, Louisiana Refinery
USA-based multinational, refiner and energy producer, Phillips 66, has planned to commence repair works at its storm-hit two units at Alliance, Louisiana refinery , that had remained shut after the landfall made by Ida in late August. The repair activity, set to begin in January 2022, will be covering a 250,000-bpd day crude distillation unit, a 120,000-bpd fluidic catalytic cracking unit for gasoline production, a 33,000-bpd reformer, and a 70,000-bpd diesel hydrotreater. In addition, the damaged electrical system will also be put under repair to enable the power supply to all the equipment. The Alliance refinery is an attractive midstream asset that receives pipeline transported domestic crude oil from the Gulf of Mexico and U.S. light oil is supplied to it by marine transport. The Louisiana Offshore Oil Port enables the transport of foreign crude oil through a pipeline to the Alliance refinery. The company has opened doors to the sale of the refinery post-repair or might consider ...