Holly New Mexico refinery unit shut down
Monday May 19, 8:54 am ET
Repairs at Holly's New Mexico refinery to cut May production by up to 756,000 gallons
DALLAS (AP) -- Refining company Holly Corp. said Monday a key unit at its New Mexico refinery is down for repairs, with May's estimated gasoline production off by as much as 756,000 gallons.
The current shutdown of the fluid catalytic cracking unit at the Navajo Refinery in Artesia, N.M., followed an initial shutdown due to an instrument control malfunction on May 7.
As the unit was being brought back on line after the initial shutdown, the unit experienced catalyst circulation problems that forced a second shutdown on Friday. Repairs should take about a week.
Cracking units turn unrefined crude oil into refined products such as gasoline and diesel.
For May, Holly said total gasoline production is expected to be reduced by approximately 13,000 to 18,000 barrels per day while total diesel production should be reduced by 3,000 to 5,000 barrels per day. There are 42 gallons in a barrel.
Besides its 85,000 barrel per stream day New Mexico refinery, Holly owns a 26,000 barrel per stream day refinery in Woods Cross, Utah.
Source: Associated Press
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