Struggle to stop refining exodus

摘要

ExxonMobil plans to convert its 90 000bl/d Altona refinery into fuel import terminal, after concluding it is no longer economically viable. Coming a little over three months after a similar announcement from BP concerning its 138,000bl/d Kwinana refinery in Western Australia, the shutdown will shrink Australia's refining capacity from 457,000bl/d to just 229,000bl/d by 2022.