|

Zee Live News News, World's No.1 News Portal

MRPL shuts refining units due to crude oil shortage

Author: admin_zeelivenews

Published: 05-03-2026, 9:40 AM
MRPL shuts refining units due to crude oil shortage
Telegram Group Join Now

Mangalore Refinery and Petrochemicals ‌has shut a crude unit ​and some secondary ⁠units at its 300,000-barrel-per-day refinery due to oil shortage, three sources ‌with knowledge of the matter said on Thursday.

Asian ‌refiners are struggling to ‌secure ⁠prompt replacement crude cargoes ⁠as Iranian threats to shipping through the Strait of Hormuz have disrupted ​crude oil ‌flows.

The Strait of Hormuz is a conduit for about a fifth of crude consumed ‌globally. Some Chinese refiners ​have already started to cut runs.

The state-run refiner ⁠shut from Wednesday evening the 1,00,000-barrel-per-day crude unit and secondary ‌units, including a hydrocracker, at its complex in the southern state of Karnataka, two sources said.

MRPL did not immediately respond to Reuters’ ‌request for comment.

The refiner, which stopped ​buying Russian oil late last year, is mostly ⁠dependent on the purchase of ⁠oil from the Middle East.

MRPL has already suspended ‌refined fuel exports due to the Middle East conflict.

Published on March 5, 2026

Source link
#MRPL #shuts #refining #units #due #crude #oil #shortage

Related News

Leave a Comment

Plugin developed by ProSEOBlogger
Facebook
Telegram
Telegram
Plugin developed by ProSEOBlogger. Get free Ypl themes.
Plugin developed by ProSEOBlogger. Get free gpl themes