Here is the main news from the sector this week:
Gazprom Neft and Vietnam Oil and Gas Group (Petrovietnam) have
signed an agreement to become partners in the
Dung Quat Refinery, Vietnam's only operational plant.
TonenGeneral Group to Optimize
Kawasaki Refinery by reducing its capacity by 10,000 barrels per day. Last year the capacity was reduced by 67,000 bpd.
There are reports that
YASREF, the new refinery in Saudi Arabia, has started exports of Petrocoke.
The
Tema Refinery in Ghana has been shut due to mechanical fault at its and it will be closed for around a month.
In Indonesia, Pertamina announced that
Plaju Refinery would only run local crudes, meaning that it will run at half capacity.