ADNOC operates half capacity after refinery fire
by ChemOrbis Editorial Team - content@chemorbis.com
According to media reports, half of Abu Dhabi National Oil Company’s (ADNOC) 800,000 barrels/day Ruwais refinery was shut last week after a fire outbreak.
The refinery will reportedly be fully operational this week.
Following the fire last week, naphtha prices in the Middle East had surged and traders were unsure about the potential future effects of the incident.
This week, some market sources claimed that the incident will also partially affect Borouge’s PP production in the region. However, this information has not yet been confirmed by the company.
The refinery will reportedly be fully operational this week.
Following the fire last week, naphtha prices in the Middle East had surged and traders were unsure about the potential future effects of the incident.
This week, some market sources claimed that the incident will also partially affect Borouge’s PP production in the region. However, this information has not yet been confirmed by the company.
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