31 Mar 2020 | 16:01 UTC — New York

REFINERY NEWS: Imperial Oil delays Sarnia, Syncrude coker turnaround to Q3

New York — Refineries: Sarnia, Ontario, and Mildred Lake, Alberta

Owner: Imperial Oil and Syncrude

Capacity: 120,000 b/d and approximately 260,000 b/d

Notes: Imperial Oil said it will delay turnarounds at its 120,000 b/d Sarnia, Ontario, refinery and one of three cokers at the Syncrude facility in Western Canada from the second quarter to the third quarter as it continues to assess the impact of the coronavirus on its operations.

"These deferrals have resulted in an updated capital outlook of C$1.1 billion to C$1.2 billion for 2020, a C$500 million (30%) reduction compared to original guidance of C$1.6 billion to C$1.7 billion," the company said in a statement released Tuesday.

Imperial has a 25% stake in Syncrude and receives about 60,000 b/d to 70,000 b/d of oil net of royalties. The work on Syncrude 8-2 coker was planned to start in April and last through May, according to the Syncrude website.

At Sarnia, planned work on the 120,000 b/d crude unit and 24,300 b/d coker was planned to begin in early April and to end early June, according to market sources.

Source: Company