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ADNOC to restart gasoline unit in 2018

Oil

Abu Dhabi National Oil Company is expected to restart its 127K b/d gasoline making unit in 1Q18 after a fire broke out at the 800K b/d Ruwais refinery in January, Reuters reported. The extended shutdown, which was initially estimated at between two to three months, is likely to prompt more spot gasoline imports and fuel oil exports given there are no immediate plans to lower the refinery's throughput.