However, the total capacity scheduled for maintenance in the independent sector in Shandong is expected to be lower in 2023 than a year earlier due to strong refining margins.
March-June is typically the main maintenance season for Chinese refineries. The combined capacity of the three refineries is 7.5 million mt/year.Īnother five refineries with a total capacity of 19.2 million mt/year are set to begin turnarounds in April and remain shut until May, sources said. 20 and had been followed by two other refineries as of March 20, data collected by S&P Global Commodity Insights showed. Maintenance season for the sector began with Xintai Petrochemical shutting Feb. The combined feedstock throughput at 43 surveyed refineries rose 1.4% month on month to 2.15 million b/d in February and was up 2.4% year on year, according to data from JLC, a local energy information provider. Receive daily email alerts, subscriber notes & personalize your experience.
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