The Chinese State Chemical Corporation ChemChina has shut down the Zhenghe Refinery in Shandong with a capacity of 100,000 bpd due to coronavirus. It is reported by Enkorr with reference to Reuters.
The chemical corporation also reduced refining volumes at two other refineries, the total capacity of which is about 300 thousand bpd: loading of the Changi and Huasin refineries in the same province was reduced to 60%.
ChemChina owns refineries, agrochemicals, rubber products, industrial equipment and other products.
Earlier it was reported that coronavirus had affected the decline in jet fuel prices in Asia.
Tags: contracts, oil, tariffs, legislation, Top management, energy market, авиатопливо, добыча нефти, коронавирус, Oil refinery plant, oil transit, income, volumes, oil products, oil deliveries, diesel