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SK Energy, Hyundai Oilbank to shut crude units in March, April 2022

South Korean refiner SK Energy plans to shut its 60,000 bpd crude unit in Ulsan between March and April for a month of routine maintenance, an official of SK Innovation Co Ltd told Reuters on Tuesday.

SK Innovation Co Ltd is the owner of South Korea's top refiner SK Energy.

Separately, Hyundai Oilbank, the refinery unit of Hyundai Heavy Industries Holdings, also plans to shut its 160,000 bpd unit in Seosan between April and May, a source with knowledge of the matter said.

Hyundai Oilbank did not comment.

SK Energy has five crude distillation units (CDUs) at its refinery in the southeastern city of Ulsan, with a total refining capacity of 840,000 bpd, while Hyundai Oilbank has an overall refining capacity of 690,000 bpd.

(Reporting by Heekyong Yang and Florence Tan; Editing by Jacqueline Wong)

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