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Latest News

UAE ADNOC plans shutdown at Ruwais refinery-trade

The planned shutdown could lead ADNOC to import 150,000 tonnes of gasoline.

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August 11, 2010 2:37 by



State-run Abu Dhabi National Oil Co plans to shut its two gasoline units at its 415,000 barrels per day (bpd) Ruwais refinery for a month starting in September, traders said on Wednesday.

No one from ADNOC was immediately available to comment.

The planned shutdown of gasoline-making reformer and isomerizer units could lead ADNOC to import 150,000 tonnes of gasoline, traders said.

“ADNOC will definitely shut down two units,” said one trader without giving a reason.

Traders added the state-owned company cancelled a tender last week to buy 180,000 tonnes of gasoline. ADNOC would instead issue a tender to import 150,000 tonnes of gasoline.

The Ruwais plant, the largest in the world’s third-largest oil exporter, is run by the refining unit of ADNOC, Takreer.

(Reporting by Reem Shamseddine in KHOBAR, Saudi Arabia and Amena Bakr in DUBAI; editing by Barbara Lewis)



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