OMV, Shell Among Refiners to Idle Sites Around the World

OMV AG (OMV), Central Europe’s largest oil company, plans to convert an unprofitable refinery in Romania while Royal Dutch Shell Plc (RDSA) may shutter a plant in Australia amid declining demand for fuels in the regions.

OMV started to close its 70,000 barrel-a-day Arpechim plant and turn it into a crude and fuel terminal, the company said in May. Shell may end refining operations at its 85,000 barrel-a- day Clyde facility near Sydney and convert the site into an import terminal in 2013, the company said in April.

Yesterday, LyondellBasell Industries NV (LYB) said it’s seeking a buyer for its 105,000 barrel-a-day Berre plant in southern France because of economics.

The following table lists refineries around the world that have shut, are slated for permanent closure or conversion, units idled for economic reasons, and those that are up for sale and have agreed to be sold. Capacity is shown in thousands of barrels of oil a day.

Company      Refinery         Status                 Capacity

                         EUROPE

Lyondell-    Berre            Seeks buyer,           105
Basell       France           company said on
                              May 31.

Conoco       Wilhelmshaven    Reaches agreement      260
             Germany          with workers to
                              convert site to
                              storage terminal
                              from June 1. Site
                              up for sale.

OMV          Arpechim         Plans to start         70
             Romania          converting site
                              into a storage
                              terminal, company
                              said in May.

Total        Lindsey          Company is in          221
             U.K.             exclusive talks
                              with a buyer. Sale
                              may be agreed in one
                              or two months, CFO
                              said on April 29.

Petroplus    Reichstett       Oil-processing         85
             France           stopped in April.
                              Conversion to
                              terminal after
                              inventories depleted.

Shell        Stanlow          Essar agrees to        233
             U.K.             buy refinery and
                              associated assets
                              in March.

Grupa       Gdansk            Poland aims to sell    92
Lotos       Poland            53 percent share in
                              the refiner by 2012.
                              Bids will be assessed
                              in Sept. or Oct.,
                              Prime Minister said
                              in March. Trafigura
                              is among bidders.

Chevron      Pembroke         Agreed sale to         210
             U.K.             Valero in March.

Ceska        Litvinov         Eni may sell its       100
Rafinerska   Kralupy          32.5 percent stake     68
             Czech Republic   to Gazprom. Shell
                              may also sell its
                              16.4 percent share
                              in the company.

Tamoil       Cremona          Final closure of       95
             Italy            plant in second
                              half of 2011 after
                              inventories are
                              depleted. Conversion
                              into storage site.

Shell        Hamburg          Plans to convert       110
             Germany          site into terminal
                              in 2012, after
                              failing to find
                              buyer, company
                              said on Jan. 12.

PKN Orlen    Lietuva          Under review because   200
             Lithuania        of low profitability,
                              company said in August
                              2010.

Murphy Oil   Milford Haven    Up for sale.           130
             Wales            Announced in July
                              2010.

Total        Dunkirk          Conversion to          137
             France           terminal. Announced
                              in March 2010.

Petroplus    Teesside         Conversion to          117
             U.K.             terminal end-2009.

Total        Gonfreville      Permanent closure of   146
             France           a crude unit at the
                              345,000 barrel-a-day
                              refinery in August
                              2009.

                    NORTH/CENTRAL AMERICA

Alon         Bakersfield      Plant to start         68
             California       operations in June
                              after being
                              reconfigured.

BP           Texas City       Up for sale, company   475
             Texas            said Feb. 1.

BP           Carson           Up for sale, company   266
             California       said Feb. 1.

Valero       Aruba            Considers sale or      275
                              joint venture.

Western      Yorktown         In process of          71
             Virginia         converting to
                              storage terminal,
                              company said in
                              December 2010.
                              Also pursuing
                              possible sale.

Shell        Montreal         Operates as            130
             Canada           terminal since
                              November 2010.

Exxon        Chalmette        Some units idled       196
             Louisiana        in reconfiguration
                              in 2010.

Murphy Oil   Meraux           Up for sale.           125
             Louisiana        Announced in July
                              2010.

Murphy Oil   Superior         Up for sale.           35
             Wisconsin        Announced in July
                              2010.

Sunoco       Eagle Point      Shut on poor           150
             New Jersey       economics in
                              November 2009.
                              Possible conversion
                              to biofuels announced
                              in February 2010.

Western      Bloomfield       Operates as a          17
             New Mexico       terminal after
                              closing in 2009
                              on poor economics.

Valero       Corpus Christi   FCC shut on            20
             East, Texas      economics in
                              2009.

                         ASIA/AUSTRALIA

Shell        Clyde            May be converted       85
             Australia        into fuel import
                              terminal in 2013,
                              company said in
                              April.

Showa Shell  Keihin           Permanent closure      120
             Japan            of Ogimachi crude
                              unit this September.

Fuji Oil     Sodegaura        Permanent closure      52
             Japan            of crude unit 1 in
                              November 2010.

JX Holdings* Negishi          Permanent closure      70
             Japan            of a crude unit in
                              October 2010.

JX Holdings* Mizushima        Permanent closure      110
             Japan            of crude unit 2 in
                              June 2010.

JX Holdings* Oita             Permanent closure      24
             Japan            of crude unit 1 in
                              May 2010.

Nihonkai Oil Toyama           Conversion to          60
             Japan            terminal in March
                              2009.

CPC Corp.    Kaohsiung        FCC shut on            25
             Taiwan           economics in
                              February 2009.

* JX Holdings Inc. is the parent company of JX Nippon Oil &
Energy Corp., Japan’s largest refiner, and was formed in April
2010 after the merger of Nippon Oil Corp. and Nippon Mining
Holdings Inc.

To contact the reporter on this story: Nidaa Bakhsh in London at nbakhsh@bloomberg.net

To contact the editor responsible for this story: Stephen Voss at sev@bloomberg.net

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