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caltex seeks variation on clean fuels

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    Australia's Caltex Seeks Variation On Clean Fuels Rule



    http://au.biz.yahoo.com//050812/18/7arm.html
    Friday August 12, 10:04 AM

    Australia's Caltex Seeks Variation On Clean Fuels Rule



    (MORE TO FOLLOW) Dow Jones Newswires



    August 11, 2005 19:47 ET (23:47 GMT)



    Copyright (c) 2005 Dow Jones & Company, Inc.



    Caltex: May Not Have All Facilties Ready For Deadline



    (MORE TO FOLLOW) Dow Jones Newswires



    August 11, 2005 19:47 ET (23:47 GMT)



    Copyright (c) 2005 Dow Jones & Company, Inc.

    DJ Australia's Caltex Seeks Variation On Clean Fuels Rule



    MELBOURNE (Dow Jones)--Oil refiner Caltex Australia Ltd. (CTX.AU) said Friday it is seeking a short-term variation on the Australian government's clean fuel standards because it's unlikely to complete upgrades of its Sydney and Brisbane refineries by the deadline.



    Chief Executive Dave Reeves said Caltex was seeking a three-month extension of the Jan. 1, 2006, deadline.



    "Caltex will only use the variation if necessary and is doing everything within its power to have the systems and facilities in place to delivery clean fuels by the government deadline," Reeves said in a statement.



    -By Barbara Adam, Dow Jones Newswires;



    61-3-9614-2663; [email protected]



 
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