Guvnor announces the closure of two Europoort crude distillation units

Oil

Global energy trader Guvnor Group has announced the permanent closure of the two crude distillation units (CDUs) at its 80K b/d Europoort refinery in Rotterdam, following the anticipation of continued headwinds in the European fuel market, Argus reports. Both CDUs have now been offline for over a year, with Guvnor closing the first in November 2019 after operations proved uneconomical to run, while the second has remained shut following planned maintenance in March 2020.