German Ingolstadt refinery to resume production in September

28 August 2012 15:26  [Source: ICIS news]

LONDON (ICIS)--The 100,000 bbl/day Ingolstadt refinery in Germany’s Bavaria state will resume production in early September, the insolvency administrator of the facility said on Tuesday.

The plant was one of five European refineries affected by the insolvency of Switzerland-based independent refiner Petroplus earlier this year. In May, oil trading firm Gunvor acquired the Ingolstadt refinery.

Administrator Michael Jaffe said the transfer of the refinery and its related marketing assets to Gunvor had been completed.

Preparations to restart the refinery are underway, with production expected to resume in early September, Jaffe added.

In a separate statement, Gunvor said the first crude oil had been discharged to supply the refinery. The refinery is supplied with crude through the Transalpine pipeline from Trieste, Italy.

The company said the refinery has a capacity of about 100,000 bbl/day. Petroplus previously assessed the capacity at 110,000 bbl/day.


By: Stefan Baumgarten
+1 713 525 2653



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