BRIEF-ConocoPhillips Watching Citgo Auction "Very Closely"

Reuters05-03

May 2 (Reuters) - Conocophillips :

* CONOCOPHILLIPS EXPECTS 25,000 BARRELS PER DAY TURNAROUND IMPACT DURING Q2, PRIMARILY CENTERED AROUND ALASKA, NORWAY AND QATAR - CONF CALL

* CONOCOPHILLIPS EXPECTS 90,000 BPD OF TURNAROUND IMPACT DURING THE THIRD-QUARTER - CONF CALL

* CONOCOPHILLIPS CEO SAYS WATCHING CITGO AUCTION 'VERY CLOSELY TO GET THE MONEY THEY OWE US' - CONF CALL

* CONOCOPHILLIPS CEO SAYS INTERESTED IN EXPANDING RELATIONSHIP WITH QATAR ON LNG - CONF CALL

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