Insight
ADNOC (quietly) closes Umm al Nar refinery
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Report summary
ADNOC recently announced the closure of its Umm al Nar, also known as Abu Dhabi, refinery. The refinery was built in 1976 and has a hydroskimming configuration. Due to recent pandemic related losses, and ADNOC optimisation strategy focussing on Ruwais refinery, the decision was made to close Umm al Nar. This Insight looks at Covid-19's impact on the refining industry and benchmarks Umm al Nar's recent performance.
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