Saudi Arabian Oil Co. doubled the number of crude tankers booked to ship oil to the Gulf of Mexico this month as two people familiar with its U.S. refinery operations said a damaged crude unit may restart in December.
The company’s shipping unit booked eight very large crude carriers to load about 16 million barrels in October, compared with four ships a month so far this year, according to data from Athens-based Optima Shipbrokers Ltd. Motiva Enterprises LLC, which the state-controlled oil producer owns with Royal Dutch Shell Plc (RDSA), will open the 325,000 barrels-a-day unit as early as the first week of December, the people said Oct. 5.
The 600,000 barrels-a-day refinery in Port Arthur, Texas, halted the unit in June following contamination that caused cracks in stainless steel pipes. Repairs may be completed this month and testing will take place in November, said the people, declining to be identified because they aren’t authorized to speak for the refinery.
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