Valero doesn't see fuel shortage after Quebec fire

CALGARY, Alberta (Reuters) - Quebec is not expected to be hit with gasoline shortages as a result of a fire that damaged the Canadian province's biggest refinery, a spokesman for the company that operates the refinery said on Tuesday.

Ultramar, owned by U.S. refiner Valero Energy Corp (VLO.N: Quote), has plenty of inventory at the Quebec City-area refinery, at its terminal in Montreal and elsewhere, spokesman Louis Forget said. In addition, other refineries in Quebec are operating under capacity, Forget said.

"So if at one point in time we need it, which we don't feel we will, we could borrow product from them, or we could import," he said. "But at the present time we don't feel we will need it, so there's no concern for supply."

Apart from the damaged 66,000 barrel a day fluid catalytic cracker, the refinery is still operational, he said.

(Reporting by Jeffrey Jones; editing by Peter Galloway)