Phillips 66 to shut Alliance refinery ahead of Tropical Storm Sally

Oil

Phillips 66 has began shutting down its 260K b/d Alliance refinery in Louisiana due to the threat posed by Tropical Storm Sally, which is due to make landfall on Tuesday as a hurricane, Reuters report. This closure comes less than a month after Hurricane Laura previously made landfall along the US Gulf Coast, forcing as much as 1.5M b/d of US oil output to be shut-in. Other energy companies in the surrounding area have stated that they will continue to monitor the progress of the storm, and are prepared to take action if needed, with personnel at several offshore production platforms already being forced to evacuate. Furthermore, operations have been suspended at the Louisiana Offshore Oil Port, the nation’s largest offshore oil export terminal.