Delek Cut El Dorado Refinery Run After Exxon Shut Pipeline
Delek US Holdings Inc. (DK) cut runs at its El Dorado, Arkansas, refinery to 69 percent of capacity after a pipeline that supplies it was shut April 28.
Refinery throughput has been reduced to 55,000 barrels a day, Chief Financial Officer Mark Cox said on a conference call from Delek’s Brentwood, Tennessee, headquarters. Exxon Mobil Corp. (XOM)’s North Line pipeline supplies El Dorado with Gulf Coast crudes.
The refinery runs about 35,000 barrels a day of West Texas Intermediate-linked crude from other sources, Chief Executive Officer Uzi Yemin said on the same call.
El Dorado has a capacity of 80,000 barrels a day, according to data compiled by Bloomberg. Delek completed the acquisition of Lion Oil Co., which owned the El Dorado refinery, in October.
To contact the reporter on this story: Gene Laverty in Calgary at glaverty@bloomberg.net
To contact the editor responsible for this story: Dan Stets at dstets@bloomberg.net
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