Ports restrict navigation, some oil facilities shut as Milton approaches Florida
Storm expected to miss most oil infrastructure
Set to make landfall near Tampa
Imports and exports could be temporarily halted
Biden approves emergency declaration
Adds quote, details in paragraph 5-7, ports status in paragraphs 12-13
By Marianna Parraga and Anushree Mukherjee
HOUSTON, Oct 7 (Reuters) -At least one oil and gas platform in the U.S. Gulf of Mexico was shut on Monday and Florida ports imposed restrictions on vessel navigation as Hurricane Milton rapidly intensified.
Most energy infrastructure on the U.S. Gulf Coast, including oil and gas production facilities, liquefied natural gas (LNG) plants and refineries, is expected to be out of the storm path, but the closure of terminals could temporarily disrupt exports and imports.
Florida was the sixth largest state exporter of goods last year, according to the Office of the U.S. Trade Representative.
Meteorologists forecast 10 to 15 feet (3.05 to 4.57 meters)of storm surge, 140 miles per hour (mph) wind gusts and say more than 2 feet of rain is possible along the Florida Gulf Coast in the area Milton makes landfall, probably near Tampa.
"Milton is a potentially catastrophic Category-5 hurricane," the U.S. National Hurricane Center (NHC) said on Monday.
Some weakening is anticipated before Milton reaches the west coast of the Florida Peninsula by Wednesday, but it is forecast to remain "an extremely dangerous hurricane through landfall," the NHC added.
President Joe Biden approved an emergency declaration for Florida. The White House urged those in the path of the storm to make immediate preparations.
Electricity provider Duke Energy DUK.N said it was mobilizing about 10,000 responders in Florida as it prepared for more than 1 million power outages associated with Milton.
U.S. energy producer Chevron CVX.N said on Monday that all staff from its Blind Faith platform in the Gulf were transported and the facility had been shut.
Blind Faith, located 160 miles (257.5 km) southeast of New Orleans, is Chevron's deepest water development in the world. It produces oil from four wells and has two flow lines that route crude and gas to a platform moored in 6,500 feet of water.
Production from Chevron's other operated Gulf of Mexico assets remained at normal levels, it added.
Oil and gas producer Woodside Energy WDS.AX said is monitoring weather conditions in the Gulf and plans to deploy a response plan to deal with the storm if required.
The ports of Cedar Key and Sand Key in Florida were shut to vessel traffic, while Key West was preparing to close early on Tuesday, the U.S. Coast Guard said. Navigation restrictions were imposed at almost all remaining ports in Florida, including Miami, Port Everglades, Palm Beach, Tampa, St. Petersburg, Fort Myers, SeaPort Manatee, Panama City, St. Joe, Port Canaveral, Jacksonville and Fernandina.
Other ports in Mississippi and Alabama that handle oil and fuel imports and exports, including Pascagoula and Mobile, remained open on Monday, the Coast Guard said.
LNG facilities on the U.S. Gulf Coast are mostly out of the storm path. However, the United States exports marginal volumes of LNG in ISO containers from the ports of Miami and Fort Lauderdale data from the U.S. Energy Department shows.
Vessel navigation restricted at some Florida ports ahead of Milton nL1N3LJ0IK
Duke Energy Florida Prepares For Over 1 Million Power Outages Due to Milton nFWN3LJ0DR
Chevron shuts in facility ahead of Hurricane Milton nFWN3LJ0CG
Powerful Hurricane Milton takes aim at Tampa as Florida braces for fresh blow nL1N3LJ0LX
Reporting by Marianna Parraga and Curtis Williams in Houston, and Rahul Paswan and Anushree Mukherjee in Bengaluru; editing by Barbara Lewis and Aurora Ellis
Ativos relacionados
Últimas notícias
Isenção de Responsabilidade: As entidades do XM Group proporcionam serviço de apenas-execução e acesso à nossa plataforma online de negociação, permitindo a visualização e/ou uso do conteúdo disponível no website ou através deste, o que não se destina a alterar ou a expandir o supracitado. Tal acesso e uso estão sempre sujeitos a: (i) Termos e Condições; (ii) Avisos de Risco; e (iii) Termos de Responsabilidade. Este, é desta forma, fornecido como informação generalizada. Particularmente, por favor esteja ciente que os conteúdos da nossa plataforma online de negociação não constituem solicitação ou oferta para iniciar qualquer transação nos mercados financeiros. Negociar em qualquer mercado financeiro envolve um nível de risco significativo de perda do capital.
Todo o material publicado na nossa plataforma de negociação online tem apenas objetivos educacionais/informativos e não contém — e não deve ser considerado conter — conselhos e recomendações financeiras, de negociação ou fiscalidade de investimentos, registo de preços de negociação, oferta e solicitação de transação em qualquer instrumento financeiro ou promoção financeira não solicitada direcionadas a si.
Qual conteúdo obtido por uma terceira parte, assim como o conteúdo preparado pela XM, tais como, opiniões, pesquisa, análises, preços, outra informação ou links para websites de terceiras partes contidos neste website são prestados "no estado em que se encontram", como um comentário de mercado generalizado e não constitui conselho de investimento. Na medida em que qualquer conteúdo é construído como pesquisa de investimento, deve considerar e aceitar que este não tem como objetivo e nem foi preparado de acordo com os requisitos legais concebidos para promover a independência da pesquisa de investimento, desta forma, deve ser considerado material de marketing sob as leis e regulações relevantes. Por favor, certifique-se que leu e compreendeu a nossa Notificação sobre Pesquisa de Investimento não-independente e o Aviso de Risco, relativos à informação supracitada, os quais podem ser acedidos aqui.
