Industrial Info's Weekly Global Refining Impact Report

---

Researched by Industrial Info Resources (Sugar Land, Texas)--Industrial Info's weekly Global Refining Report gives you the latest inside intelligence on outages, derates, shutdowns, closures, delays and more. Tomorrow's news today...

Market Commentary:
Geopolitical tensions, oh my! Hong Kong is back in the news as further protests are likely to arise against recently introduced Chinese legislation, and of course this will lead to U.S.-China grievances.

Now that many of our hydrocarbon SnD-heightened concerns -- which drove negative WTI pricing for May's expiry -- are in the past, where many of the pundits hope they stay, we can turn our focus to geopolitical news like what is happening in Asia. Or what might occur with OPEC+ member nations and compliance to their agreed upon production cuts. It will be geopolitics, both global and regional, along with monetary policies that will once again drive hydrocarbon prices going forward.

Therefore, within this Global Refining Report, Industrial Info hopes to shed some light on what is transpiring from a refinery operations perspective as the Global Refining Index (working with ADUs) illustrates what is happening to crude operationally available capacity and how refineries are derating and operating overall in these times. The global refinery maps depict the COVID-19 impact as well as the non-COVID-19 outages. Also, you will find both a Capacity Offline Table to quickly display weekly what the available operating capacity by region is, not to mention area charts, which visualize COVID-19 impact and non-COVID-19 capacity offline in Asia, Europe and North America.

Petroleum Refining Highlights
Valero on May 22 restarted the 90,000-barrel-per-day (BBL/d) Crude Combo Unit that had been shut down since May 19 at its 180,000-BBL/d Houston, Texas, refinery. Additionally, the 39,000-BBL/d Vacuum (Combo Unit), shut down for maintenance on April 30, is restarting this weekend. The refinery continues at reduced rates due to the lack of fuel and product demand due to the COVID-19 pandemic.

Citgo Petroleum will continue with a planned maintenance turnaround, which started April 6, on the 100,000-BBL/d Crude (Sour) Unit, associated Vacuum, 52,000-BBL/d Reformer C, and 60,000-BBL/d Delayed Coker 2 units at its 420,000-BBL/d Westlake, Lake Charles Refinery in Louisiana through the first week of June.

Bharat Oman Refineries Limited (BORL) has operated its 156,000-BBL/d Bina Refinery in India at approximately 60% since May 16. On April 1, the refinery was derated by 15% due to low demand as a result of the COVID-19 pandemic. The units are expected to resume full throughput by June 3 (previously reported May 17). Major units include the lone Crude Distillation Unit, 15,250-BBL/d Reformer, 25,000-BBL/d Naphtha Hydrotreater, 7,800-BBL/d Isomerization, 42,500-BBL/d Diesel Hydrotreater, 51,000-BBL/d Hydrocracker and 35,300-BBL/d Delayed Coker Unit.

Industrial Info has confirmed Petrobras continues processing its 46,000-BBL/d Reman, Brazil, refinery at 60% capacity due to COVID-19. Units will remain at derate capacity until late June.

Repsol Peru continues to run at lower rates its 110,000-BBL/d La Pampilla, Peru, refinery due to COVID-19 concerns. The 30,000-BBL/d Distillation 1 and 24,000-BBL/d Vacuum 1 units continue offline while the 80,000-BBL/d Distillation 2 unit has been further reduced to 50,000 BBL/d from the already depressed 70,000-BBL/d rate level. Industrial Info has learned that Repsol also has shut down the 2,400-BBL/d Platforming and 2,800-BBL/d Unifining units and will continue this until the units' planned turnaround which was accelerated from July and will now commence on June 15. The work is expected to last until late July. Separately, Repsol has decided to shut down the 15,500-BBL/d FCCU and 36,000-BBL/d Vacuum 2 units on June 15 due to low demand and take advantage of the downtime to perform minor repairs during a 15-day term. The remaining operational units are running at approximately 55% of normal capacity, and the company expects to maintain those rates until early August. Industrial Info continues to monitor the situation and will issue an update when more information is available.

Kar Group has been operating at an unplanned derate at its 160,000-BBL/d Erbil Refinery in Iraq of 35% due to the COVID-19 pandemic since March 28. Previously, it was reported it would resume normal operations by May 15, but now it expects to reach full throughput by June 30. Major units in Kar Block 1 include the 20,000-BBL/d CDU 1; 20,000-BBL/d CDU 2; 9,000-BBL/d NHT 1; 6,000-BBL/d Reformer 1; and 2,500-BBL/d Isom 1. Major units in Kar Block 2 include the 30,000-BBL/d CDU 3; 30,000-BBL/d CDU 4; 9,000-BBL/d NHT 2; 6,000-BBL/d Reformer 2; 2,500-BBL/d Kerosene Hydrotreater Unit; and 2,500-BBL/d Isom 2. Major units in Kar Block 3 include the 30,000-BBL/d CDU 5; 30,000-BBL/d CDU 6; 9,000-BBL/d NHT 3; 6,000-BBL/d Reformer 3; and 2,500-BBL/d Isom 3.

Map of Global Refineries Impacted by COVID-19/non-COVID -- Ongoing Offline Events
Global Refining Index

Industrial Info is releasing a Global Refining Index (GRI) to illustrate how much refinery capacity is offline versus normal operating capacity.
Refining Available Capacity Global Regional Available Operational Capacity - Current vs. Previous - COVID-19 Impact & non-COVID Related Outages