Asia Pacific downstream news

Japanese refiner, ENEOS, permanently closed a 120 000 bpd refinery in western Japan in mid-October, and Idemitsu Kosan plans to close a 120 000 bpd refinery in March 2024.

During the Williamtown Air Show in Australia, the Roulettes, the Royal Australian Air Force's aerobatic display team, performed a first public display using Neste MY Sustainable Aviation Fuel™.

Tree Energy Solutions (TES) has signed an agreement with Tokyo Gas to explore and develop e-NG supply chains as part of efforts to encourage the transition to green energy.

Vitol is strengthening its position in Asia’s expanding biofuel market, with the delivery of specialised bunker barges to Singapore in 2024.

Evergreen Marine Corp. and Copenhagen Infrastructure Partners (CIP) have signed a Memorandum of Understanding (MoU) to explore production and usage of carbon-neutral e-fuels.

Braskem, the global biopolymer producer, has announced the opening of its representative office in Tokyo, Japan.

The first cargo of LNG produced by the new third liquefaction train at the Tangguh LNG facility has been safely loaded and sailed to be delivered to Indonesia’s state-owned power generator, PT PLN (Persero).

ChemOne Group has established an Islamic tranche in the overall scheme of an Export Credit Agency (ECA) backed project financing for the Pengerang Energy Complex (PEC).

The EIA has reported that refiners in China processed and imported record volumes of crude oil in 1H23, sourcing much of the additional crude oil runs from Russia, Iran, Brazil, and the US.

These works are part of the Refinery Development Master Plans (RDMP) launched by PT Pertamina to revitalise the Cilacap, Balongan, Dumai, and Balikpapan refineries to improve their production capacity and competitiveness.