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OIL PRODUCTS: German Regions Struggle With Tight Supply on Lower Refinery Output

OIL PRODUCTS
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Some regions in Germany are struggling with reduced refinery output, according to Argus, as diesel imports into northern Germany almost doubled m/m in September with slightly higher domestic demand.

  • Distillate supply in Cologne is tight as a major supplier at Shell's 340k b/d Rhineland refinery halted spot sales of heating oil and diesel in mid-September due to an unplanned unit outage.
  • Spot gasoline sales were also restricted until the beginning of last week. Traders in the region are buying gasoline elsewhere due to high local prices despite rising supply.
  • Supply is also restricted by maintenance at the 187kb/d Godorf plant of the Rhineland refinery while production levels at Bayernoil's 215kb/d Vohburg-Neustadt refinery fell last week amid unplanned works.
  • The Miro's 310kb/d Karlsruhe refinery and the PCK's 230kb/d Schwedt refinery are oversupplied amid restricted transport due to rail works near Schwedt.
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Some regions in Germany are struggling with reduced refinery output, according to Argus, as diesel imports into northern Germany almost doubled m/m in September with slightly higher domestic demand.

  • Distillate supply in Cologne is tight as a major supplier at Shell's 340k b/d Rhineland refinery halted spot sales of heating oil and diesel in mid-September due to an unplanned unit outage.
  • Spot gasoline sales were also restricted until the beginning of last week. Traders in the region are buying gasoline elsewhere due to high local prices despite rising supply.
  • Supply is also restricted by maintenance at the 187kb/d Godorf plant of the Rhineland refinery while production levels at Bayernoil's 215kb/d Vohburg-Neustadt refinery fell last week amid unplanned works.
  • The Miro's 310kb/d Karlsruhe refinery and the PCK's 230kb/d Schwedt refinery are oversupplied amid restricted transport due to rail works near Schwedt.