Total to suspend operations at Donges refinery
Published by Nicholas Woodroof,
Editor
Hydrocarbon Engineering,
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/
You might also like
Viridi Energy signs 20-year agreement with Énergir
Viridi Energy, a renewable natural gas (RNG) platform, has signed a 20-year offtake agreement with Énergir, L.P.