Tough decisions loom for Australian refiners
Operating refineries in Australia have been operating at loss level measures due to the impact felt nationally from the pandemic driven destruction demand, even as the country comes out of lockdown and government assistance begins to form. The GEI Data Warehouse is tracking four refineries in the country that are having to make hard choices on whether they keep operating, convert to terminal operations, or possibly shut in altogether. In recent days, Australian refineries have quickly reacted as circumstances have impacted the existence of these complexes. Earlier this week, BP announced this week that it would cease production at its long running 146,000 barrel per day Kwinana refinery i
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