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BP Delays Unit Closure at Main Germany Refinery



U.K. oil major BP plc (London, England) has delayed the the planned permanent closure of a 70,000 barrel per day (BBL/d) Crude Distillation Unit and a 40,000 BBL/d Vacuum Distillation Unit at its largest German refinery, the 140,000 BBL/d Gelsenkirchen Scholven. It is the second time closure plans have been reversed at the refinery as the company looks for a buyer. It follows a decision in July to keep the units running in order to take advantage of favorable market conditions and profitability due to a tight market for diesel in Europe, caused by a number of outages, refinery closures, and production curbs outside of Europe.



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