Shell to shut-in portions of Zydeco oil pipeline

Oil major Shell on Monday said it plans to shut-in different portions of its Zydeco pipeline system for maintenance for three to four days starting Sept 24.

The Zydeco pipeline system, which spans over 350 miles and has a mainline capacity of about 375,000 barrels per day, has four segment and ships crude oil from Houston, Texas to St. James, Louisiana.

The pipeline shut-in will reduce the amount of light crude supplied into Louisiana, where it becomes a part of the Light Louisiana Sweet blend.

Light Louisiana Sweet’s premium to U.S. West Texas Intermediate crude has largely remained narrow in recent days. It traded at an about $1.38 premium per barrel to U.S. crude on Friday.

Shell plc is a multinational energy and petrochemical company headquartered in London, United Kingdom. Founded in 1907 through the merger of Royal Dutch Petroleum Company and The “Shell” Transport and Trading Company, Shell has since grown to become one of the world’s largest oil and gas companies.

Shell’s operations span across the globe, encompassing exploration, production, refining, transport, distribution, and marketing of oil and gas products. The company is also involved in renewable energy, chemicals, and power generation. Shell’s commitment to sustainable energy has seen it invest in renewable energy projects and explore low-carbon technologies.