Mediterranean refiners slash runs as high natural gas prices bite

摘要

Surging natural gas prices have pushed up the power and hydrogen costs for less integrated refiners in the Mediterranean, which are beginning to reduce throughput rates, according to trading sources. Mediterranean refiners are starting to “slash runs,” a feedstocks trader said in the week started Oct. 17, a development that has been in the making over the past few weeks as natural gas hit all-time records.