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Citgo Said to Plan FCC Work at Lake Charles Refinery in 2014

Sept. 30 (Bloomberg) -- Citgo Petroleum Corp. plans to perform maintenance on a fluid catalytic cracker at its Lake Charles, Louisiana, refinery in the first quarter of 2014, a person familiar with the schedule said.

The work will probably take place in January or February, said the person, who asked not to be identified because the information isn’t public.

Fernando Garay, a Citgo spokesman in Houston, declined to comment. Citgo is owned by a subsidiary of Petróleos de Venezuela SA, the national oil company of Venezuela.

A fluid catalytic cracker upgrades heavy gasoil into lighter, more valuable transportation fuels.

Citgo’s Lake Charles plant, about 50 miles (80 kilometers) east of Port Arthur, Texas, can process 440,000 barrels a day of crude, the sixth-largest in the U.S., according to data compiled by Bloomberg. It processes heavy crude, the company’s website shows.

To contact the reporter on this story: Eliot Caroom in New York at ecaroom@bloomberg.net

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

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