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Table Of Asia Refinery Maintenance Schedules4-28-08 3:49 AM EDT | E-mail Article | Print Article
SINGAPORE -(Dow Jones)- The following table lists maintenance schedules and outages for oil refineries in Asia.
Additional information will be added as it becomes available.
Asia Refinery Maintenance Schedule For 2008
Country Company Location Unit(B/D) Period/Duration
China Sinopec Jiujiang CDU Nov 11-early Feb 2008
(50,000)
China Sinopec Yangzi CDU Mar, 40 days
(70,000)
China Sinopec Jingmen CDU End-Feb, 30 days
(70,000)
China Sinopec Wuhan CDU Mar 15, 20 days
(70,000)
China PetroChina Dalian CDU 3Q, one month
(200,000)
India HPCL Mumbai whole refinery Apr 21, 35 days
(110,000)
Indonesia Pertamina Dumai CDU,at 60% capacity Jan 17-21
(120,000)
Indonesia Pertamina Balongan whole refinery Oct, 45 days
(125,000)
S Korea GS Caltex Yeosu No. 4 CDU Apr, 10 days
(270,000)
S Korea GS Caltex Yeosu No. 2 CDU Early Aug, one month
(130,000)
S Korea Hyundai Daesan No.1 CDU May 17-Jun 12
(110,000)
S Korea SK Energy Ulsan No.5 CDU May 19, 40 days
(260,000)
S Korea SK Energy Ulsan No.1 CDU Jun 10, 10 days
(60,000)
S Korea SK Energy Ulsan No.4 CDU Jun 10, a few days
(240,000)
S Korea SK Energy Ulsan No. 1 RFCC Jun (30 days)
(240,000)
S Korea SK Energy Incheon No.2 CDU Jun 25-Aug 1
(200,000)
S Korea S-Oil Onsan whole refinery Mar 24-25
(575,000)
Sri Lanka Ceypetco Sapugaskanda whole refinery Jan 22-Feb 29
(50,000)
Taiwan CPC Kaohsiung No.6 CDU Oct 26, 2007-late Apr
(100,000)
Taiwan CPC Kaohsiung VGO Hydrotreater Jan 5, TBA
(25,000)
Taiwan CPC Kaohsiung RFCC Jan 5-end-Apr
(25,000)
Taiwan CPC Dalin RFCC Mar 27-Apr 4
(25,000)
Taiwan CPC Dalin Reformer Jun or Aug
(30,000)
Taiwan CPC Taoyuan RFCC Early Mar, 5 days
(50,000)
Taiwan Formosa Mailiao delay coker 2H Feb, 8-9 days
(36,000)
Taiwan Formosa Mailiao No.1 CDU Mar 10-Apr 21
(180,000)
Taiwan Formosa Mailiao No.1 RFCC Mar 10-Apr 27
(80,000)
Taiwan Formosa Mailiao No.1 RDS Mar 10-Apr 25
(80,000)
Taiwan Formosa Mailiao Hydrotreater Mar 10-Apr 21
(63,000)
Taiwan Formosa Mailiao Hydrotreater Mar 14-15
(24,000)
Taiwan Formosa Mailiao No. 2 CDU Nov, 40 days
(180,000)
Japan Nippon Oil Marifu CDU Mar 15-Apr 26
(127,000)
Japan Cosmo Oil Chiba No.2 CDU Apr 25-Jun 30
(130,000)
Japan Nippon Oil Negishi CDU Early May, 34 days
(Part of 340,000)
Japan Nippon Oil Sendai CDU Late May, 38 days
(145,000)
Japan Kyushu Oita CDU A Month From Late May
(136,000)
Japan Nansei Nishihara CDU Late May to early Jun
(100,000)
Japan Taiyo Oil Shikoku No.1 CDU Jun 25-Jul 15
(88,000)
Japan Taiyo Oil Shikoku No.2 CDU Jun 24-Jul 13
(32,000)
Japan Cosmo Oil Sakai CDU Aug 22-Sep 30
(80,000)
Japan Cosmo Oil Chiba No.1 CDU Sep 13-Nov 9
(110,000)
Japan Cosmo Oil Yokkaichi No.5 CDU Sep 28-Nov 14
(90,000)
Japan Nippon Oil Mizushima CDU Sep, 27 days
(Part of 250,000)
Japan Nippon Oil Negishi CDU Sep, 39 days
(Part of 340,000)
Japan Seibu Yamaguchi CDU Early Sep, 37 days
(120,000)
Japan Idemitsu Tokuyama CDU Around Oct-Nov
(120,000)
Note:
TBA - To be announced
CDU - Crude distillation unit
FCC - Fluid catalytic cracker
HDS - Hydrodesulfurizer
RFCC - Residual fluid catalytic cracker
RDS - Residual desulfurizer
(END) Dow Jones Newswires
04-28-080349ET
Copyright (c) 2008 Dow Jones & Company, Inc.
Iran Studies Plan To Cut Crude Output
from Mish's Global Economic Trend Analysis by Michael Shedlock
The BBC is reporting Oil hits new high on Iran fears.
Oil prices have hit a record just shy of $127 a barrel after Iran said it was studying a plan to cut crude output.
President Mahmoud Ahmadinejad said a proposal to reduce Iran's crude output was being reviewed by experts, Iran's Fars News
Agency reported.
Analysts doubted whether Iran would actually cut output but the report sent jitters through oil trading floors.
"That sounds like it would get people excited," said Peter Beutel, president of Cameron Hanover.
Tanker Prices Soar
Flashback May 2
Super tanker prices are soaring as Iran Doubles Oil Stored in Tankers.
Iran, OPEC's second-largest oil producer, more than doubled the amount stored in tankers idling in the Persian Gulf,
sending ship prices higher as demand for some of its crude fell, people familiar with the situation said.
The 10 tankers hold at least 20 million barrels of oil, equal to about 5 days of the country's output, said the people,
who asked not to be identified because the information isn't public. Rates for tankers have more than tripled since April
8, based on data from the Baltic Exchange and ship-fuel prices.
Iran's use of ships for storage cut the supply of available supertankers, owned by companies including Hamilton, Bermuda-
based Frontline Ltd. and Euronav NV, based in Antwerp, Belgium. The number of double-hull very large crude carriers, or VLCCs,
available to rent within the next 30 days dropped to 28 from 56 a month ago, according to Paris-based broker Barry Rogliano
Salles.
The benchmark tanker rental rate for voyages to Asia from the Middle East is $148,000 a day, compared with $44,300
on April 8, according to prices from the London-based Baltic Exchange and a formula from Oslo-based RS Platou Shipbrokers
A/S.
Iran typically keeps two or three supertankers on standby to deliver crude, Per Mansson, a tanker broker at Nor Ocean
Stockholm AB, said by phone. "There's a lack of on-land storage and this enables quick supply" to buyers in Europe
and Asia, he said.
Refinery Maintenance Schedules
Morningstar has this Table Of Asia Refinery Maintenance Schedules to consider.
Asia Refinery Maintenance Schedule For 2008
Country Company Location Unit(B/D) Period/Duration
India HPCL Mumbai whole refinery Apr 21, 35 days
(110,000)
S Korea Hyundai Daesan No.1 CDU May 17-Jun 12
(110,000)
S Korea SK Energy Ulsan No.5 CDU May 19, 40 days
(260,000)
S Korea SK Energy Ulsan No.1 CDU Jun 10, 10 days
(60,000)
S Korea SK Energy Ulsan No.4 CDU Jun 10, a few days
(240,000)
Japan Cosmo Oil Chiba No.2 CDU Apr 25-Jun 30
(130,000)
Japan Nippon Oil Negishi CDU Early May, 34 days
(Part of 340,000)
Japan Nippon Oil Sendai CDU Late May, 38 days
(145,000)
Japan Kyushu Oita CDU A Month From Late May
(136,000)
Japan Nansei Nishihara CDU Late May to early Jun
(100,000)
The above is just a partial table of dates that are relevant now.
Congress urges Bush to halt oil reserve shipments
The Associated Press is reporting Congress urges Bush to halt oil reserve shipments.
Congress voted overwhelmingly Tuesday to challenge President Bush to temporarily halt the daily shipment of thousands
of barrels of oil into the government's emergency reserve.
Bush has steadfastly refused to halt shipments of about 70,000 barrel barrels of oil a day into the Strategic Petroleum
Reserve, a system of salt caverns on the Gulf coast. The reserve, created to respond to major oil supply disruptions, holds
701 million barrels and is at 97 percent of capacity.
The Senate voted 97-1 to suspend the shipments for the rest of the year. Hours later, the House followed suit, voting
385-25 to halt the deliveries. The votes don't compel Bush to act because the measures differ somewhat and would need to be
reconciled before final congressional approval.
The Strategic Petroleum Reserve was created in the 1970s as a precaution against major interruptions of oil supplies.
Today at 701 million barrels it has enough to replace two months of oil imports.
Earlier, the Senate rejected, 56-42, a broader Republican energy plan that called for opening the Arctic National
Wildlife Refuge in Alaska and some offshore waters that are now off limits to oil development.
Strange Picture
If there is not much demand for heavy crude, why isn't the discount greater?
Why has Iran been storing oil in tankers instead of the ground by simply not pumping it?
Why do analysts doubt Iran will cut back if Iran has no above ground place to store oil?
Why the mad rush to fill the reserves when they are 97% full? Planning something?
Mike "Mish" Shedlock
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