Energy trading firm Gunvor Group has temporarily halted production at its Rotterdam refinery over profitability concerns.
The firm has halted production as of November 25 due to a lack of prompt availability of commercially viable feedstock, news agency Bloomberg reported, citing comments from a company representative.
The company plans to continue monitoring the situation and assess future resupply for the refinery.
The 75,000 b/d refinery has been in place for the past 60 years. The firm has a terminal at the port with about 1.5 million m3 of liquid storage capacity for products including crude, LPG, naphtha, gasoline, kerosene, gasoil, VGO and fuel oil.
