Refinery closures remained in the spotlight in the Asia-Pacific region with news emerging on New Zealand’s Marsden Point’s transition to a terminal and the temporary closures of the only refinery in Sri Lanka. New Zealand’s Refining NZ said its Marsden Point refinery will transition to an import-only fuel terminal from April 2022. The company’s .
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REFINERY NEWS ROUNDUP: India’s gasoline use rises, falls elsewhere in Asia-Pacific
India’s consumption of gasoline in June saw the highest month-on-month increase in a year as a decline in COVID-19 cases and the easing of lockdown measures boosted driving activity.
Some states, such as the western state of Maharashtra, eased restrictions early June.
Indian gasoline demand totaled 2.41 million mt in June, up 21% from May, data from the Petroleum Planning and Analysis Cell showed. In May, gasoline demand hit a one-year low.
However, a new wave of coronavirus infections in Indonesia has dented the demand outlook for Asian gasoline, with participants anticipating a further decline in import demand as driving activity slows. The country, moreover, has already expanded its strict lockdown measures, with Bali, Java and the heavily populated cities in Sumatra having been placed under a lockdown since early July.
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