HOUSTON (Reuters) – Energy companies on Friday continued efforts to restore operations at U.S. Gulf Coast offshore platforms and refineries shut by Hurricane Laura as oil markets largely shrugged off the storm’s impact.
Satellite imagery showing Lake Charles regional airport after Hurricane Laura hit, in Lake Charles, Louisiana, U.S. in this August 27, 2020 handout photo. Satellite image ©2020 Maxar Technologies/Handout via REUTERS
Some 300 offshore production facilities and half-dozen refineries were halted ahead of a Category 4 storm that hit the coast of Louisiana with winds of 150 mile per hour (240 kph). The destructive winds cut a narrow path through the area.
Citgo Petroleum said its [PDVSAC.UL]s 418,000-barrel per day Lake Charles, Louisiana, plant sustained wind damage that will take days to assess, preventing an immediate restart.
Sources familiar with operations at the Lake Charles refinery said the hurricane caused extensive damage which would require four to six