NO IMMEDIATE PLANS TO CLOSE REFINERY - ESSO SAF ESSO SAF <ESSF.PA>, the French subsidiary of Exxon Corp <XON>, said it had no immediate plans to shut down one of its two refineries. Exxon's new president Lee R. Raymond said earlier that it could decide to close a French refinery. An ESSO SAF spokesman said a closure was a hypothesis that depended on the evolution of the market and refineries' ability to make money. He said Port Jerome west of Paris and Fos sur Mer on the Mediterranean had benefitted from new investment over 1985-86 and had last year broken even after stock losses. The Port Jerome refinery has an annual production capacity of seven mln tonnes while Fos sur Mer's is five mln, the spokesman added. Industry sources said the easiest plant to dispose of would be Fos sur Mer because it is a single refinery, while the Port Jerome refinery is attached to a wider complex comprising a petrochemical plant and a lubricant production plant. Raymond was quoted as saying in a published interview that Exxon was reviewing its worldwide refinery operations and might decide to close one of its French refineries.