A roundup of top news in the hydrocarbon processing industry from September's issue.
Light crude supply for US Gulf Coast refiners
The supply of light crude and condensate will begin to overwhelm simple refining capacity in the US Gulf Coast (USGC) and narrow spreads between Light Louisiana Sweet (LLS) and Mars after 2014, according to ESAI Energys five-year refining outlook. So far, the region has managed the mismatch between refinery configuration and domestic crude production by backing out light crude import volumes. However, USGC refiners will likely eliminate light sweet imports next year. With throughput growth also limited by weaker exports of products to Latin America, USGC refiners will struggle to process additional domestic light crude.
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