South Korea’s Hyundai Oilbank cuts crude runs after glitch at gasoline unit, sources say

South Korean refiner Hyundai Oilbank has reduced production at the larger of its two crude distillation units (CDUs) in Seosan because of production woes at a gasoline-making unit, two industry sources with knowledge of the matter said on Thursday.

It has reduced the crude processing volume at one of the CDUs to about 250,000 barrels per day (bpd) for about a week from about 300,000 bpd before the incident, one of the two sources said.

Hyundai Oilbank INPTVH.UL declined to comment on the incident.
Source: Reuters (Reporting by Trixie Yap in Singapore and Joyce Lee in Seoul; Editing by Christopher Cushing)