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REFINERY NEWS ROUNDUP: Maintenance accelerates in China | Hellenic Shipping News Worldwide


REFINERY NEWS ROUNDUP: Maintenance accelerates in China
A number of refineries in China are starting or planning to carry out works in the second quarter.
China independent refiners’ appetite for crude and bitumen blend saw modest monthly growth in March following the easing of congestion at Shandong port, and inflows are expected to maintain similar momentum in the coming months as more refineries go offline for maintenance. In April, a combined 10.5 million mt/year of refining capacity will be shut at four Shandong facilities, bringing total offline capacity to 12.8 million mt/year. This trend is expected to continue in May-June, sources said. But there was still uncertainty over shutdown schedules as refineries have been very flexible with their maintenance plans. The 2.2 million mt/year Kelida Petrochemical, for example, has postponed its maintenance plan sometime from April to March. ....

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