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Why MNI
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of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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Malaysia’s Port Dickson Refinery Repairs Compete
Malaysia’s Hengyuan Refining Company 156kbpd Port Dickson refinery completed repairs at the long residue catalytic cracking unit (LRCCU) on June 30, according to Argus.
- The unit, used to convert crude oil into high-value consumer petroleum products, shut down after a leakage was found at its carbon monoxide boiler on June 19.
- Inspection activities for HRC's hydrogen manufacturing unit and Euro4Mogas facilities were also complete.
- The units have restarted, and the refinery is "recovering to its normal operational level", said HRC.
- HRC offered prompt straight-run fuel oil cargoes and bought gasoline cargoes for June and July loading due to the outage.
- Approximately 85% of its oil products are sold domestically in Malaysia.
To read the full story
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.