August 11, 2008 / 3:23 PM / in 11 years

Marathon KY refinery cuts rates after pipe leak

NEW YORK, Aug 11 (Reuters) - Marathon Oil Corp.’s (MRO.N) 222,000 barrel per day Catlettsburg, Kentucky, refinery is at reduced rates following a leak that shut down one of the company’s crude oil pipelines, traders and local media said on Monday.

Marathon’s pipeline that carries crude oil from a major tank farm near Patoka, Illinois, to Owensboro, Kentucky, ruptured Sunday morning, spilling as much as 4,000 barrels of oil, the Evansville Courier Press reported on Sunday.

A company spokesman was quoted by the Courier Press as saying that the pipeline was shut down.

A company spokesman was not immediately available to comment. (Reporting by Rebekah Kebede)

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