Economic Calendar

Wednesday, January 14, 2009

Caltex Australia Says Queensland Fuel Supplies Nearing Normal

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By Angela Macdonald-Smith

Jan. 14 (Bloomberg) -- Caltex Australia Ltd., the nation’s biggest oil refiner, said deliveries of gasoline and diesel in southeastern Queensland are nearing normal as units at its Lytton refinery reach full capacity after an unplanned shutdown.

Production of unleaded gasoline and diesel at the site near Brisbane is back at full output, while premium unleaded gasoline should resume full capacity this evening, Georgie Wells, a spokeswoman for the Sydney-based company, said today. There is still “some reduced availability of premium” fuels, she said.

Caltex Australia, half-owned by Chevron Corp., closed the Lytton refinery, the largest in Queensland state, on Dec. 12 after the steam system failed and has been progressively restarting the plant since Dec. 13. Lytton is the smaller of Caltex Australia’s two plants, which have a combined processing capacity of 230,000 barrels a day.

“We did have some delay with premium fuel, and that was as a result of some maintenance being carried out on a unit relating to its production,” Wells said by telephone.

Unleaded gasoline production reached full capacity on Jan. 9 and diesel on Jan. 10, Wells said.

The Lytton plant started operating in 1965 and produces 17 million liters of fuel a day. About 45 percent of its output is gasoline, 35 percent diesel, 13 percent jet fuel and the rest fuel oil and other products, according to the company’s Web site.

Royal Dutch Shell Plc, BP Plc and Exxon Mobil Corp. also operate refineries in Australia.

To contact the reporter on this story: Angela Macdonald-Smith in Sydney at amacdonaldsm@bloomberg.net




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