Insight
ADNOC (quietly) closes Umm al Nar refinery
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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