• Israel fell into a gasoline deficit for the first time in at least 10 years in 2017 as consumption rose to a record 75,300 b/d whilst domestic output from the country’s two refineries fell by 11% to 73,900 b/d.

• Bazan, which operates the 197,000 b/d Haifa refinery, says that it expects the country’s gasoline imports to rise further in 2018 in line with increasing local demand.

• Bazan, together with the 100,000 b/d Paz Refinery at Ashdod, saw combined output...