SEOUL, Feb 3 - South Korean refiners plan to shut down fewer crude units in 2009 compared to a year ago, a Reuters survey showed on Tuesday.
South Korea's four refiners -- SK Energy (096770.KS), GS Caltex, S-Oil Corp (010950.KS) and Hyundai Oilbank -- will shut down five crude distillation units (CDU), mostly in the first half of the year, the survey showed.
The total number of days of planned maintenance in 2009 stands at 110, compared to 130 days of shutdown at 6 units last year.
The table below shows details of the maintenance schedule for 2009 vs 2008.
SK Energy '09 '08
No.1 60,000 bpd June 19-23 (5 days) mid-June (10 days)
No.2 110,000 bpd June 3-30 (28 days) -
No.3 170,000 bpd - -
No.4 240,000 bpd Mar 27-Apr 29 (34 days) -
No.5 260,000 bpd - mid-May (30 days)
SK Incheon
No.1 75,000 bpd - -
No.2 200,000 bpd - late-Sept (30 days)
GS Caltex
No.1 110,000 bpd - -
No.2 130,000 bpd - Aug (30 days)
No.3 150,000 bpd - -
No.4 300,000 bpd May 7-June 9 (33 days) Apr 16-26 (10 days)
S-Oil
No.1 90,000 bpd Apr 1-10 (10 days) -
No.2 240,000 bpd - -
No.3 250,000 bpd - -
Hyundai Oilbank
No.1 110,000 bpd - May 1-20 (20 days)
No.2 280,000 bpd - -
--------------------------------------------------------------
TOTAL 110 days 130 days
South Korea's four refiners -- SK Energy (096770.KS), GS Caltex, S-Oil Corp (010950.KS) and Hyundai Oilbank -- will shut down five crude distillation units (CDU), mostly in the first half of the year, the survey showed.
The total number of days of planned maintenance in 2009 stands at 110, compared to 130 days of shutdown at 6 units last year.
The table below shows details of the maintenance schedule for 2009 vs 2008.
SK Energy '09 '08
No.1 60,000 bpd June 19-23 (5 days) mid-June (10 days)
No.2 110,000 bpd June 3-30 (28 days) -
No.3 170,000 bpd - -
No.4 240,000 bpd Mar 27-Apr 29 (34 days) -
No.5 260,000 bpd - mid-May (30 days)
SK Incheon
No.1 75,000 bpd - -
No.2 200,000 bpd - late-Sept (30 days)
GS Caltex
No.1 110,000 bpd - -
No.2 130,000 bpd - Aug (30 days)
No.3 150,000 bpd - -
No.4 300,000 bpd May 7-June 9 (33 days) Apr 16-26 (10 days)
S-Oil
No.1 90,000 bpd Apr 1-10 (10 days) -
No.2 240,000 bpd - -
No.3 250,000 bpd - -
Hyundai Oilbank
No.1 110,000 bpd - May 1-20 (20 days)
No.2 280,000 bpd - -
--------------------------------------------------------------
TOTAL 110 days 130 days
