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Home›News›Shell sees no near-term problems securing oil supplies
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August 6, 2006 · about 20 years ago

Shell sees no near-term problems securing oil supplies

Royal Dutch Shell PLC (RDSB.LN) said Monday that its West Coast refineries do not anticipate a crude shortage in the near term as a result of BP PLC’s (BP) decision to shut its Prudhoe Bay oil field in Alaska. The company’s 143,000-barrel-a-day Puget Sound refinery in Anacortes, Wash., does run a fl

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Royal Dutch Shell PLC (RDSB.LN) said Monday that its West Coast refineries do not anticipate a crude shortage in the near term as a result of BP PLC’s (BP) decision to shut its Prudhoe Bay oil field in Alaska. The company’s 143,000-barrel-a-day Puget Sound refinery in Anacortes, Wash., does run a fluctuating percentage of Alaskan North Slope, or ANS, crude, like that produced at Prudhoe Bay, said spokesman Stan Mays. But the refinery “has sufficient supply on hand or en route to secure sufficient supply from alternate sources to maintain full operations,” Mays said.

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