Regional update: European refining industry
France
On Sunday 10th October, Total partially shutdown its La Mede refinery in the south of France as the absence of crude deliveries to the facility is affecting operations. The French retirement and pension reform strike has now been affecting ports and fuel depots for 18 days. However, fuel disruptions have eased since Sunday as on 15th October French police brought an end to three blockades at fuel depots. There is now access to major fuel depots near Marseille, Bordeaux and Clermont-Ferrand. French authorities hope that this will help reduce the disruption to oil supplies.
Germany
Petroleos de Venezuela SA (PDVSA) has agreed to sell its stake in the Miro refiner, Karlsruhe to Russia’s OAO Rosneft. Through the refinery’s primary owner Ruhr Oel GmbH, PDVSA has held a 12% share of the facility. The purchase price is still being negotiated.
Serbia
Naftna Industrija Srbije a.d. has shut its Pancevo refinery near Belgrade for planned maintenance. The facility will be closed for 45 days as a US$ 26 million upgrade is implemented. US$ 20 million will be spent on fluid catalytic cracking equipment and US$ 6.3 million on other production units.
Read the article online at: https://www.hydrocarbonengineering.com/gas-processing/15102010/regional_update_european_refining_industry/
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