S. Korea's GS Caltex Shuts Heavy Oil Upgrading Unit After Fire

Reuters

SEOUL, Aug 10 (Reuters) - GS Caltex, South Korea's second-largest oil refinery, said it has shut a heavy oil upgrading unit after a fire mishap on Thursday.

The blaze, which is now under control, broke out in the heavy oil upgrading unit or Vacuum Residue Hydrocracker (VRHCR), at GS Caltex's Yeosu refinery, located in southwest of Seoul.

GS Caltex has a combined 274,000 barrels-per-day of heavy oil upgrading capacity to convert fuel oil into more expensive and cleaner fuel such as gasoline and diesel.

The fire hit the refiner's 66,000-bpd hydrocracker, the spokesman said.

No casualties have been reported, the spokesman said, adding that the cause and damage to the unit were still being assessed.

He said it was too early to tell if there would be any impact on the refinery's operations.

A week ago, GS Caltex shut its No.2 Aromatics plant after a fire occurred at an electrical substation in the refinery.

GS Caltex, equally owned by GS Energy Corp, a unit of GS Holdings and U.S. oil major Chevron Corp, runs a 790,000-bpd refinery in Yeosu.

(Reporting by Jane Chung; Editing by Joseph Radford and Sherry Jacob-Phillips)

Copyright 2017 Thomson Reuters. Click for Restrictions.

WHAT DO YOU THINK?

Click on the button below to add a comment.
Post a Comment
Generated by readers, the comments included herein do not reflect the views and opinions of Rigzone. All comments are subject to editorial review. Off-topic, inappropriate or insulting comments will be removed.

Related Companies
Events  SUBSCRIBE TO OUR NEWSLETTER

Our Privacy Pledge
SUBSCRIBE



Most Popular Articles

From the Career Center
Jobs that may interest you
Security Advisor
Expertise: Security
Location: San Ramon, CA
 
Environmental Engineer
Expertise: Environmental Engineer
Location: Houston, 
 
Construction HSSE Coordinator
Expertise: HSE Manager / Advisor
Location: Grayling, MI
 
search for more jobs

Brent Crude Oil : $51.03/BBL 1.51%
Light Crude Oil : $47.09/BBL 0.66%
Natural Gas : $2.93/MMBtu 1.38%
Updated in last 24 hours