Philadelphia Energy Solutions plans to close the Girard Point section of its Philadelphia refinery by the end of the month for 60 days, according to a person familiar with the work.
Girard Point is being shut for maintenance on process units, said the person, who asked not to be identified because the information isn’t public. The plant includes the No. 137 crude unit, which can process 200,000 barrels a day of crude.
The status of the refinery can affect spot and futures prices of products because the plant is the largest on the East Coast. It moves gasoline and distillate into New York Harbor, the delivery point for contracts traded on the New York Mercantile Exchange.
Cherice Corley, a Philadelphia-based spokeswoman for the refinery, declined in an e-mail to comment on operations.
Philadelphia Energy Solutions, the plant’s operator, is a joint venture of Carlyle Group LP (CG:US) and Sunoco Inc. The refinery can process 355,000 barrels a day of oil, according to the companies. It has two sections, which are known as the Girard Point and Point Breeze plants.
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