Factbox: Oil companies operating in the Caribbean brace for Hurricane Irma

8 Sep 2017   Caribbean

Energy infrastructure in the Caribbean was being shut down due to Hurricane Irma, even as recovery operations from storm Harvey were under way. NuStar Energy said its Statia terminal in St. Eustatius sustained damage from Irma, but no injuries or spills were reported. Buckeye Partners on Thursday said it shut vessel traffic to its BORCO facility in the Bahamas, the largest oil terminal in the Caribbean. Norway’s Statoil was also making preparations on Thursday to close its South Riding Point terminal on Grand Bahama Island, traders close to the facility told Reuters. Port Everglades, the largest in South Florida for fuel deliveries, said it will suspend operations as of Friday evening. Irma ranks as one of the five most powerful Atlantic hurricanes in the last 82 years and the strongest Atlantic storm recorded by the U.S. National Hurricane Center outside the Caribbean Sea and Gulf of Mexico. […]

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