Exxon Mobile Resumes Ethane Supply After Pipeline Accident
March 16 2009 - 9:44PM
Dow Jones News
Exxon Mobil Corp. (XOM) said Tuesday it has repaired a pipeline
in Victoria state that was damaged in December and has resumed
supply of ethane to customers.
"We have repaired the pipeline fully and are delivering supplies
to our customers," a spokeswoman said.
The pipeline, part of a joint venture with BHP Billiton Ltd.
(BHP), was ruptured on Dec. 13 by the anchor of a container
ship.
The accident disrupted the supply of ethane to the pipeline's
two customers, Qenos and Huntsman Corp. (HUN).
Exxon Mobil said it is reserving its right to pursue legal
claims for any losses caused by the incident.
-By Alex Wilson, Dow Jones Newswires; 61-3-9671-4313;
alex.wilson@dowjones.com