China’s Shandong independent refineries have gradually started to cut crude throughput from around Jan. 22 in response to a directive to cap utilization below 70% during the Winter Olympics, as Beijing aims to ensure that emissions remain under control, refinery sources told S&P Global Platts on Jan. 23. But some refinery sources believe the overall …
The post Shandong’s refinery run rates head south ahead of Winter Olympics, Lunar New Year first appeared on Hellenic Shipping News Worldwide.