ISRAEL

Israel Refineries Maintain KRG-Fueled Near-Record Runs

>  Israel’s two refineries notched up throughputs of 99% of their combined 296,000 b/d CDU capacity in the first half of 2015: for Q1 record throughputs of 309,000 b/d were well in excess of the nameplate maximum. This comes on the back of near-100% runs for 2014. Added together with shipping data, this indicates that the two plants are continuing to gorge themselves on cut-price crude from Iraqi Kurdistan.

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