[StBernard] Valero Shutting Meraux Refinery Units After Power Failure (1

[Westley Annis]

Valero Shutting Meraux Refinery Units After Power Failure (1)

Aaron Clark
Bloomberg Energy Markets Report
t: 212 617 2473

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BFW 04/10 15:36 Valero Shutting Meraux Refinery After Power Failure: Fire Dept.
 BN 04/10 15:35 *VALERO SHUTTING MERAUX REFINERY AFTER POWER FAILURE: FIRE DEPT.


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Valero Shutting Meraux Refinery Units After Power Failure (1)
2012-04-10 16:28:12.88 GMT


     (Updates with attempt to restore power in second
paragraph.)

By Aaron Clark
     April 10 (Bloomberg) -- Valero Energy Corp. is shutting production units at the Meraux refinery in Louisiana after a power failure, a company spokesman said.
     Workers are attempting to restore power that was lost at about 9:30 a.m. local time, Bill Day, a San Antonio-based spokesman for Valero, said in an e-mail. The refinery is flaring as the units are shut down, he said.
     The entire refinery lost power from unknown causes that led to flaring of multiple products, said Jean Kelly, a spokeswoman for the Louisiana Department of Environmental Quality.
     The 135,000-barrel-a-day refinery has a 34,000-barrel-a-day hydrocracker and a 41,000-barrel-a-day hydrotreater, according to the company’s website. The plant processes 50 percent to 80 percent medium sour crude, according to the site.