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Oman Sohar RFCC shut due to leakage

Singapore, April 4, 2008

A residual fluid catalytic cracker (RFCC) at Oman's Sohar refinery was partially shut down on Thursday due to a leakage, a company source said on Friday.

"There was a catalyst leak due to high temperatures. We are monitoring the situation now. It's a partial shutdown," the source said.

A Singapore-based trader said the 75,200 barrels per day (bpd) RFCC, or gasoline-making unit, would be shut for about a month, and he expected the refiner to issue tenders to buy gasoline within the next few days.

The Sohar refinery has a crude processing capacity of about 116,400 bpd.

"Anyone could win the tenders, but if they get the gasoline from Singapore, it may create a slight tightness in the market," said the trader.

The gasoline market in Asia have been tightened in recent weeks, as China, usually an exporter of the motor fuel, was importing a record volume of gasoline for April.

Singapore gasoline's reforming margin  stood at firm levels of more than $12 a barrel on Thursday, after touching highs of nearly $15 late last week. - Reuters




Tags: Oman | Sohar refinery |

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