Highlights Panjin North Asphalt Fuel cuts throughput amid feedstock shortage Ports, refineries in eastern China operating normally Restrictions aimed at containing a COVID-19 outbreak in northeast China have impacted crude discharging and land transportation at Yingkou port, slowing feedstock deliveries to at least one refinery in the area, refinery sources told S&P Global Commodity Insights March 18.w
The port in Liaoning province receives VLCCs to serve Norinco’s Huajin Chemical refinery and the independent Panjin North Asphalt Fuel and Haoye Chemical refineries. The province has tightened movement restrictions and neighboring Jilin province has imposed lockdowns in a bid to curb a spike in omicron variant infections. “Port staff are required to do COVID tests and isolate, leaving a shortage of hands to deal with port operations as normal and leading to discharging delays,” a local refinery source said. […]