Another European Refinery Halts Operations as Dangote Disrupts Markets in Europe [Video]

• The Gunvor Group has announced that its Rotterdam refinery is halting operations due to a shortage of supply in feedstock
• The company disclosed in a statement that the Refinery’s halt in operations begins November 25, 2024
• The 75,000 barrels capacity per day plant is small compared to newer facilities springing up globally

Legit.ng’s Pascal Oparada has reported on tech, energy, stocks, investment and the economy for over a decade

The Gunvor Group announced it is temporarily stopping its Rotterdam refinery because it is not making enough money. This is the latest sign that Europe’s plants are struggling to compete with new facilities in other parts of the world.

The list of refineries shutting down

The company disclosed in a statement that the Refinery’s halt in operations will begin on November 25, 2024, due to the lack of prompt availability of …