29 October 2010 13:43 [Source: ICIS news]
SINGAPORE (ICIS news)--Japan's JX Nippon Oil & Energy plans to process 6.15m kilolitres (approximately 1.29m bbl/day) of crude in November, some 3% more than in the same period last year and 13% more than in October, a company source said on Friday.
Total JX Nippon refining capacity will be reduced 1,507,200 bbl/day in November following the permanent closure of the 70,000 bbl/day crude distillation unit (CDU) No 2 at the Negishi refinery at the end of October, the source said.
In October, JX Nippon is expected to process some 5.43m kilolitres of crude (approximately 1.14m bbls/day). Refinery runs were reduced in October due to scheduled shutdowns at the Negishi and Mizushima refineries and an unplanned outage of a 64,000 bbl/day naphtha hydrodesulphurisation unit at its Muroran refinery.
The 120,000 bbl/day crude distillate unit (CDU) No 2 and the 41,000 bbl/day fluid catalyst cracker (FCC) at Negishi were both restarted in the first half of October after scheduled maintenance. Meanwhile, the 140,000 bbl/day Mizushima refinery has been shut down since 3 October and was expected to restart on 2 November, the source said.
Exports in October from JX Nippon were expected to total some 570,000 kilolitres, mostly of distillates and fuel oil. This is substantially higher than the 260,000 kilolitres exported a year earlier. Exports have been boosted by strong refining margins.
(1 kilolitre = 6.29 bbl)
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