Union sources said the stoppage would take effect on Monday and could last for four months.
“The COVID crisis has a negative impact on oil products demand, which causes a very sharp deterioration of refinery margins,” Total said.
“In this context, the Donges refinery is operating at a loss. We have decided to halt it (...) for the months to come, awaiting better economic conditions”, it added.
It said the €450 million (US$534 million) modernisation of the 220 000 bpd facility was nonetheless ongoing.
Read the article online at: https://www.hydrocarbonengineering.com/refining/24112020/total-to-suspend-operations-at-donges-refinery/
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