Enterprise Gas Plant Blast Curbs Gulf of Mexico Oil, Gas Supply
- Gas futures rallied and Gulf Coast spot crude gained Tuesday
- Plant outage may ‘significantly’ cut Gulf oil supply: analyst
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At least two oil and natural gas platforms in the Gulf of Mexico have halted production and a gas pipeline was shut after an explosion at an Enterprise Products Partners LP plant that processes fuel in the region.
Enterprise shut the gas-processing plant in Pascagoula, Mississippi, after a fire, which was eventually extinguished around 5 p.m. local time Tuesday, company spokesman Rick Rainey said by e-mail. The Destin pipeline, a joint venture of BP Plc and Enbridge Inc. that sends gas to Enterprise’s plant from platforms in the Gulf of Mexico, said it was forced to halt service as the Pascagoula complex remains down for “a full damage assessment.” LLOG Exploration shut its Delta House platform. Murphy Oil Corp. closed its Thunder Hawk one.