March 5, 2020 / 9:22 AM / a month ago

S.Korea's SK Energy to cut run rates by 10-15% as coronavirus hits demand

SEOUL, March 5 (Reuters) - South Korea’s top refiner SK Energy will reduce its crude distillation units’ run rates by 10-15% in March as exports and domestic demand have been hit by the impact of the coronavirus outbreak, a company spokesman said.

SK Energy, owned by SK Innovation, runs five crude distillation units with a total refining capacity of 840,000 barrels-per-day in the southeastern city of Ulsan. (Reporting by Jane Chung; Editing by Susan Fenton)

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