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N.Y. Gasoline Strengthens With Sunoco Refinery to Shut Unit

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March 7 (Bloomberg) -- Gasoline in New York Harbor rose as Sunoco Inc. said it would shut a fluid catalytic cracker at its Philadelphia refinery for unscheduled repairs.

The work at the 355,000-barrel-a-day plant may last several weeks, Thomas Golembeski, a Sunoco spokesman, said in an e-mail. PBF Energy Co.

LLC will also shut an FCC at its refinery in Paulsboro, New Jersey, for maintenance this month, two people familiar with the plans said on Jan. 24. The Paulsboro plant can process 185,000 barrels of crude a day, according to data compiled by Bloomberg.

The discount for conventional, 87-octane gasoline in New York Harbor narrowed 1.13 cents to 15.75 cents a gallon versus futures traded on the New York Mercantile Exchange at 12:12 p.m., according to data compiled by Bloomberg. Prompt delivery was unchanged at $2.8777 a gallon.

The same fuel in the Gulf Coast was unchanged at a discount of 16 cents a gallon. Prompt delivery slipped 2.28 cents to $2.8635.

To contact the reporter on this story: Paul Burkhardt in New York at pburkhardt@bloomberg.net.

To contact the editor responsible for this story: Dan Stets at dstets@bloomberg.net.

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