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Norwegian Oil sells Danish refining business

 Last Update: 2021-06-28
 Source: Internet
 Author: User

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Sinochem News recently, the Norwegian national oil company Equinor said that the company has agreed to sell its Danish refining business to the industrial commodity group Kleisch Group
.

This is a step for the company to focus on its core business initiatives

Irene Rummelhoff, Executive Vice President of Norwegian Oil’s marketing, midstream and processing business, said: “Norwegian Oil will concentrate its refining business in Mongstad, Norway, where the company can use its integrated industrial cluster to expand the low cost A portfolio of carbon energy products
.

The Kalundborg refinery can process 107,000 barrels of crude oil and condensate per day for the production of gasoline, diesel, propane and heating oil, with an annual production capacity of 5.

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