September 15 (Hfrance.fr) - US Gulf energy companies were able to quickly restore pipeline service and electricity after the Hurricane Nicholas swept through Texas, allowing them to resume their efforts to repair extensive damage from a previous storm, Ida , caused two a few weeks ago.
Nicholas, downgraded to a tropical depression on Tuesday night, caused rains, minor flooding and power outages in the Texas and Louisiana, where some refineries have remained offline in the aftermath of Category 4 Hurricane Ida. The previous storm kept much of the oil and gas production off the US Gulf Coast closed.
Colonial Pipeline (COLPI.UL), the largest fuel line in the United States, resumed deliveries of gasoline and diesel on Wednesday after Nicholas' death, while the HOOPS operated by Exxon Mobil's pipeline system, which transports crude from large offshore production facilities to Texas, expected to restart later Wednesday, the company said. learn more
Royal Dutch Shell (RDSa.L) plans to resume production on its Perdido offshore oil rig, closed before Nicholas, once power is fully restored to HOOPS.
US Liquefied natural gas producer Freeport LNG's export plant in Texas is expected to receive more natural gas on Wednesday, pipeline data showsfrom Refinitiv, indicating that the facility was in the process of being back in service after a power outage from Nicholas.
Texas ports that had closed for maritime traffic before storm one They also reopened on Wednesday, the US Coast Guard said.
Even Although the operational recoveries after the storm were faster this time, markets are very tight, said Andrew Meleney, analyst at Infrastructure Capital Advisors, as stocks of gasoline and other refined products are near their lowest in five years. Oil prices rose about 2% on Wednesday after a larger than expected drop in US crude inventories.
Gulf over 39% from Mexico to the United States Crude oil and natural gas production remained closed on Tuesday, theoffshore drilling regulator.
The storm removed 25 million barrels of oil and 30.5 billion cubes of oil. natural gas feet from the market. Approximately 720,000 barrels per day (bpd) of crude production and 1.075 billion cubic feet per day of gas remain offline.
"The tropical storm that just passed has slowed recovery efforts after Hurricane Ida " said Tony Headrick, market analyst of energy at CHS Hedging. "We will continue to see the effects of Ida.
About 113,000 customers in Texas were still without power on Wednesday, compared to more than 500,000 on Tuesday, according to PowerOutage.US. Power outages after a storm affect not only homes and businesses, but critical energy infrastructure as well, leading to further shortages. learn more
But the wave storm levels along the coasts of northeastern Texas and Louisiana are expected to abate by Wednesday morning, the National Hurricane Center said.
Texas coastal oil refineries go through Nicholas. But a few in Louisiana are struggling to restart after Hurricane Ida, including (VLO.N) refineries of St. Charles et Meraux and PBF Energy 's (PBF.N) Chalmette refinery. Reporting by Laura Sanicola and Jessica Resnick-Ault in New York; Liz Hampton and Marianna Parraga in Houston; and Swati Verma and Arpan Varghese in Bengaluru Editing by Alistair Bell and Matthew Lewis
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