SATORP Reaches Full Production

Quick Note

 

I saw this report today that the SATORP refinery in Saudi Arabia reached it’s full 400,000 BPSD capacity last month.

A somewhat worrying comment from the report;

Europe’s refineries are too small and not sophisticated enough to compete with new plants, Chris Bake, executive director at Vitol, the world’s largest oil trader.

We’ll see.

 

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