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Shell speeds up closure of Clyde refinery in Sydney

06.08.2012  | 

Refining at the 79,000 bpd Clyde facility will stop Sept. 30 following an announcement last July that it would be converted into a fuel import terminal. Shell said last year that refining would cease by mid-2013.

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By ROSS KELLY

SYDNEY -- Shell will cease refining at operations in Sydney in about four months, as small-scale Australian facilities struggle to compete with larger refineries in Asia.

The Anglo-Dutch company said oil refining at the 79,000 bpdClyde facility will stop from Sept. 30 following its announcement last July that it would be converted into a fuel import terminal.

Shell said last year that refining would cease before mid-2013.

Rival refiner Caltex Australia Ltd., which is 50%-owned by Chevron, is conducting a strategic review of its two Australian facilities, in Sydney and Brisbane, which it says could result in closures.


Dow Jones Newswires



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OLASUNKANMI JIMOH
06.12.2012

WHAT IS THE TECHNICAL REASON OR ECONOMIC REASON FOR THE CLOSURES OF THE SHELL REFINERY

malcolm roberts
06.09.2012

can anyone help clyde refinery out there..................it a top refinery with great operators willing to make it work...............

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